ssgbarnes19 Posted September 30, 2004 Report Share Posted September 30, 2004 Don't mean to post this everywhere, but had a question where this is relevant to this forum. Below is my situation I posted in the bankruptcy forum. Please read and my question is at the end.Just an update on this. I received my Tu credit report after disputing this and this is what I received about this dispute. Citifinancial Acct# xxxxxxxxx Installment Account Updated 09/2004 Opened 06/1996 Closed 06/2004 Balance $0 Most Owed $464 Pay Terms: 1 Monthly $464 >Status as of 09/2004: Wage Earner or Similar Plan< Hmmmm. Ok so they didn't validate with me within the required 30 days and never marked in dispute with the credit bureaus. They also verified with the Credit Bureau's Hmmmm. After second dv letter, they sent me a letter stating they cant find anything on this account they will remove it. Hmmmm. Less than a month later they send another letter saying tradeline is invalid and will be removed. Hmmmm. They are saying that this account was included in my chapter 13 (which it was), but are reporting it almost 8 years after my filing date. Updated on 9/2004. A little reaging it looks like. Hmmmm. I still haven't received validation of this account, and Citifinancial won't remove this tradeline, because they say I still owe money on this. Hmmmm. I think I know the next step, but would love to hear suggestions for my next move, from all my credit friends.Since they bought this debt, would that make them the original creditor now? And If I should sue would'nt it only be under the FCRA violations? Link to comment Share on other sites More sharing options...
LadynRed Posted October 1, 2004 Report Share Posted October 1, 2004 Since they bought this debt, would that make them the original creditor now? No way ! There can be only ONE ORIGINAL creditor and nothing can retroactively turn them into an original creditor !If your CH 13 was disharged 2 years ago, then the status needs to reflect that its NOT still in CH 13.The 'updated' date is NOT reaging .. but changing the date of last activity would be. I still haven't received validation of this account, and Citifinancial won't remove this tradeline, because they say I still owe money on this. Why are you asking for validation that SHOULD be noted as "IIB" ?? If the debt was discharged, you don't owe them a dime.If the debt went delinquent more than 7 years ago, then it can NOT still be on your credit reports - you should dispute it as obsolete - because it IS. Link to comment Share on other sites More sharing options...
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