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Hello, I must thank everyone who contributes here so much. I started cleaning up my credit about two months ago. I had five collections and two charge offs on my EQ. I depended on the advise given here and sent some verification letters and also disputed with the CRAs and followed up with a MOV after the disputes. Two CA's deleted right away and sent letters saying they are no longer collecting on my account. After the MOV, EQ deleted all my other three remaining collections accounts. As of today, I have only one charge off from a credit union. My score has jumped 35 points, from fair to good credit on EQ. Thank You ALL SO MUCH! Transunion and Experian have been more difficult but I just got a $5200 collection from a former apartment also deleted from both after disputing and sending them documents. Now I know its only a matter of time before I will get back to good and then excellent credit. This forum works wonders. Thanks!
I had a charge off from a credit union that went into collections. After the transfer of the debt, the credit union still kept reporting the balance owed. They actually farmed it out to two CAs who where both reporting the balance on my credit at the same time. The CU didn't report the balance as zero. So I kind of had a "triple jeopardy" situation. After I called the credit union they said they had taken the account from the 1st CA back in 2013 and sent it to the 2nd CA. They also took it from the 2nd CA in 2015 and brought it back in-house. But both CAs kept reporting I owed the same amount up until September 2016. I know the CU should have started reporting on my account with a zero balance after they transferred the account for collections. The CAs should have also stopped reporting on the account when they stopped collecting on it. My questions are: 1) Can I sue the CU for FDCPA violations (inaccurate reporting) for reporting a balance on my CR when they transferred my account to the CA? (My CR from 2014 and 2016 showed all three) 2) Can I sue the CAs for FDCPA violations for continuing to report on my CR for more than 1year after they let go of my account? Thanks for the input.