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Bank of America charge off


faith67
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My DH has a C/O from 1/99. Our problem is we are trying to refi and this needs to be taken care of. It was for 4,000 now up to 15,000. If I try to send a settlement letter for $100 and let them know I know the SOL is way past. will this restart the 7 year clock? (I have sent a dv letter already)-haven't heard back yet though. few more days to wait.

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Because the Statute of Limitations has expired on the debt making it LEGALLY uncollectable.

Basically they are saying.. here ya go.. here is !00 bucks for your trouble now go away.

I personally would just dispute it and see what happens

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