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Need Help Please...Old Debt!

Steel Cowboy

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I found this last week on my Equifax Report...


Account Number: XXXXXXXXX Current Status: CHARGE-OFF

Account Owner: Individual Account. High Credit: $0

Type of Account : Installment Credit Limit: $0

Term Duration: 60 Months Terms Frequency:

Date Opened: 03/1994 Balance: $14,215

Date Reported: 12/2004 Amount Past Due: $0

Date of Last Payment: 11/1994 Actual Payment Amount: $0

Scheduled Payment Amount: $0 Date of Last Activity: n/a

Date Major Delinquency First Reported: 12/2004 Months Reviewed: n/a

Creditor Classification: Activity Description: n/a

Charge Off Amount: $14,215 Deferred Payment Start Date:

Balloon Payment Amount: $0 Balloon Payment Date:

Date Closed: Type of Loan: Auto

This account was included in a BK on 1/95. (I am digging up my papers to be sure, but it was my 2nd highest debt so I don't think I would have for gotten it). This "mysteriously" surfaced on my EQ report the same month my BK fell off (12/04). This was the first time a major delinquency was reported (12/04). The last payment was made on 11/94.

I sent a dispute certified mail last week to have this removed by EQ (for obsolete information) and have not gotten my green card back yet...however...

After checking my EQ this morning, the status of this acct. has been changed to OPEN, PLACED FOR COLLECTION, SKIP.

If this was included in my BK, can they come back to me after 10 yrs. for collection? If it was mistakenly left out of the BK, has the SOL expired for Georgia?

I currently have ordered a copy of my BK papers.

This is a great forum! I hope someone can advise me on how to proceed from here.

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*points and laughs* Another poor shmuck stuck in Oklahoma!!! :wink:

I don't think moving tolls any SOL...unless they can show you were 'hiding' from the debt. I don't know what the time limit is, but I believe once you move, whatever state you live in is the state's rules you have to follow.

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