mwatwell Posted February 21, 2005 Report Share Posted February 21, 2005 Im just starting this credit repair project and I have a charge off on my cr. Can I remove it? what is the Doctrine of Estoppel Law? Can I use that in my favor? NEED HELP!!!!!!!!!!! Link to comment Share on other sites More sharing options...
divemedic Posted February 21, 2005 Report Share Posted February 21, 2005 To answer this more details are needed. CO's can be removed (I have removed 3 of my own) but it takes a little work Link to comment Share on other sites More sharing options...
devil21 Posted February 21, 2005 Report Share Posted February 21, 2005 Care to share general info? I have two old COs from MBNA and Discover. The Discover was paid and they arent due to fall off till mid 2007. I can handle the JDBs but the OCs seem tougher since they dont fall into the FDCPA. Link to comment Share on other sites More sharing options...
Tourniquet416 Posted February 21, 2005 Report Share Posted February 21, 2005 how can you determine DOLA? it's not on my stupid report. Link to comment Share on other sites More sharing options...
devil21 Posted February 21, 2005 Report Share Posted February 21, 2005 DOLA isnt what you want to know. Date of 1st delinquency is what matters (DOFD). Most of the time those are NOT on the reports and you have to call to find out. TU does show a date they are due to fall off though, so go back 7 years and approx. 180 days to get the rough DOFD. Link to comment Share on other sites More sharing options...
Tourniquet416 Posted February 21, 2005 Report Share Posted February 21, 2005 where does TU show the drops off date??if i call to find out, they'll know where i am and start hounding me again. Link to comment Share on other sites More sharing options...
sweeper Posted February 21, 2005 Report Share Posted February 21, 2005 I am dealing with the same issue with AMex..if the SOL has expired does it prevent them from collecting? Link to comment Share on other sites More sharing options...
gprncss Posted February 21, 2005 Report Share Posted February 21, 2005 I am dealing with the same issue with AMex..if the SOL has expired does it prevent them from collecting?The SOL doesnt not prevent them from trying to collect, it assures you that they cannot sue you for the debt (although this has happened to some people).They will try to collect for as long as they can, unbeknown to them, you KNOW the law!If this is a CA trying to collect, DV them!! Link to comment Share on other sites More sharing options...
devil21 Posted February 22, 2005 Report Share Posted February 22, 2005 SOL is collection and reporting are different. Technically, collection SOL is based on your states laws. Refer to your states laws. For example, in VA its 3 years from date of last purchase or payment. They can't sue you so any further collection can be ignored or killed with a cease and desist letter. Reporting SOL is 7 years from date of 1st delinquency that led to charge-off, usually plus 180 days. At that point, all tradelines related to the alleged debt must be removed.DV CMRRR to start your paper trail. Wait for them to violate. Link to comment Share on other sites More sharing options...
Jackiej Posted February 23, 2005 Report Share Posted February 23, 2005 So if its Charged Off on your credit reports, can Debt Collectors still come after you for payment? Link to comment Share on other sites More sharing options...
devil21 Posted February 23, 2005 Report Share Posted February 23, 2005 They can always call you or send you letters (unless you DVed in a timely manner) even after SOL for collection and reporting are up. If you are outside of collection SOL, send a cease and desist letter telling them to never contact you again, in any manner.A chargeoff doesnt change anything, its the state SOL that matters. Link to comment Share on other sites More sharing options...
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