SOL's and Credit Reporting

[tj34994]

I have several charge off's that the SOL is up, and also a few the SOL is between Oct and Dec of this year. My question is: For the accounts that the SOL has passed, can the OC continue to report this? For example: one acct the SOL was 6-2002, the OC reported 08-2002 as valid. I understand the once the SOL has passed that the OC cannot sue for payment, how about CA's? Also, what does this mean? : Date of Last Activity: 6/1998; 120+ days past due 5/1999; 120+ days past due 04/1999; 90+ days past due 03/1999.

This sounds has though they have dates "confused" since the date of last activity is 1998, but they are reporting past dues in 1999????

[admin]

Many people get the SOL and the length of time items can appear on your credit report. The following links should help.

http://www.creditinfocenter.com/rebuild/statuteLimitations.shtml

http://www.creditinfocenter.com/creditreports/cr_time.shtml

[tj34994]

No, I'm not asking about how long the negative info can be on my report(7 years) nor am I asking about the SOL, my state it's 4 years. My question is can the CA and OC's continue to report as current with the SOL as passed?(i.e, sol is 6-2002, date reported 08-2002) Also, on my report it show's date of last activity as 98, but reporting 60-90 days past due in 1999? I don't understand that.

[Swede]

<blockquote>Originally posted by tj34994

My question is can the CA and OC's continue to report as current with the SOL as passed

</blockquote>

Yes they can. SOL only states the amount of time they have to bring suit against you. Has nothing to do with the reporting period which is defined in the FCRA Section § 605. Requirements relating to information contained in consumer reports [15 U.S.C.

§ 1681c]

© Running of reporting period.

(1) In general. The 7-year period referred to in paragraphs (4) and (6)2 of subsection (a) shall begin, with respect to any delinquent account that is placed for collection (internally or by

referral to a third party, whichever is earlier), charged to profit and loss, or subjected to any similar action, upon the expiration of the 180-day period beginning on the date of the

commencement of the delinquency which immediately preceded the collection activity, charge to profit and loss, or similar action.