budercup

anyone else can chime in if you would like Thanks

I see many of your post say repo ucc 4yr I just needed something in writing and wanted to know if these codes are what you have been talking about. ORC 1302.98, 2305.09 my original post was: Ok here's the story the car was financed in GA(6/99) and repo'd GA (early 2002) I moved in 7/02 to OH. Not sure if I got any letters from them, I know I didn't sign for any letters. My CR states it should fall off 10/08. Last week I get a letter from an OH lawyer stating their firm has been retained to initiate a lawsuit to collect 7,500 unless I pay full amount or contact them to set up repayment. Thanks for any input

Thanks for the info, I understand the steps they must take according to the code you posted but where does it state that the SOL is 4yrs? Thanks

Ok here's the story the car was financed in GA(6/99) and repo'd GA (early 2002) I moved in 7/02 to OH. Not sure if I got any letters from them, I know I didn't sign for any letters. My CR states it should fall off 10/08. Last week I get a letter from an OH lawyer stating their firm has been retained to initiate a lawsuit to collect 7,500 unless I pay full amount or contact them to set up repayment. In the letter it also states"FDCPA does not require we wait intil 30 days from the date you receive this letter before filing a lawsuit against you" and goes on to say that if they do file before the 30days I still have the riht to request validation. I disputed this last year and it came back verified 7/06 and unchanged. What should be my next move? Please correct me if I'm wrong...1 year left on my report But I can't pull the SOL on this b/c it's considered a written note (15yr in OH but 6yr in GA) I really don't want to contact them I just now getting financially stable, I don't have the extra 7k to just hand them or evento make payments Sorry so long, just worried, thought I was almost done.

I was just looking up the SOL and correct me if I'm wrong but it states a written/ promisary note is 15yrs. Wouldn't a car loan be under one of these?

In my situation I guess they can sue. I also live in OH but in 2002 I lived in GA where the repo took place. My credit report states my original balance was 13,400 and I have a past due amt of 7,000. Last week (5yrs later) I got a letter from a lawyer that states they have been retained to initiate a lawsuit to collect 7,500. It should drop off my report next year. I'm just hoping to lay low until it drops off. good luck

*bump*

I have a TL from Greetree that was for our home that we were not able to keep. On CR it states loan assumed by another lender, no CO but do have some lates. On one of my Cr it is under satisfacory accounts and the oyher it is under negative. Is it satisfactory b/c no CO and neg on the other b/c lates? I proballyanswered my own question just want verification. Since there is no CO or CA should I dispute with CRA? If I do and it gets deleted I'm afraid it will drop my score. Thanks

Can you advise me on how to put a trust in place? I have searched "trust" but still not finding alot of info about putting property in trust. Also once it is in a trust does that mean you can not borrow equity on in for improvemnets ans so forth? That would be fine just would like to know for future purposes. Thanks for any info

*bump* any advise on this? Did I make anyone on this board mad? I have posted this in 2 forums and no response. This does look like reaging to me but I just wanted others opinion and advise Thanks again

I disputed 8 TL with TU and got email last weekend saying I could now log in an view detailes about my disputes. Well I tried and can get to the main page after I enter my file # and PW but then I fill out name, SS, and zip and it takes me to an error message something like TC06 try again later. I have been trying for the last 2 weeks and same thing. Anyone had experience with this? Thanks

after disputing the CRA these come back verified Cap1- closed DOLP 9/01 DOLA 3/02 Closed CO 9/02 Chase- trans/sold/pd (Sold to Unifund) DOLP 6/02 DOLA 7/02 Closed co 1/03 Chevy Chase auto loan- Trans/sold (are they affiliated with Citi Auto?) DOLP DOLA 11/01 Closed CO 9/02 Farmers Furniture DOLP 2/03 DOLA 7/02 CO 7/04 Does this look like reaging? How can last activity be after last payment? What do they consider as activity other than payment unless it was a payment plan which was not done on these. If it is reaging I would like to start my second round of disputes or what ever my next step would be. One more if amt past due is $1175 and CO amt is $661 does that mean they sold TL for the difference or they CO at $661 and continue to add intrest because this was CO '02 but monthly balance increases? Any input is much appreciated.

When you say pay off all debts does that mean everything I owe that reports derog/ CO or just ones in collection accounts?

any opinions?

Ok after disputing the CRA these come back verified Cap1- closed DOLP 9/01 DOLA 3/02 Closed CO 9/02 Chase- trans/sold/pd (Sold to Unifund) DOLP 6/02 DOLA 7/02 Closed co 1/03 Chevy Chase auto loan- Trans/sold (are they affiliated with Citi Auto?) DOLP DOLA 11/01 Closed CO 9/02 Farmers Furniture DOLP 2/03 DOLA 7/02 CO 7/04 Does this look like reaging? How can last activity be after last payment? What do they consider as activity other than payment unless it was a payment plan which was not done on these. One more if amt past due is $1175 and CO amt is $661 does that mean they sold TL for the difference or they CO at $661 and continue to add intrest because this was CO '02 but monthly balance increases? Any input is much appreciated.