American Express Charge off Question - Still have questions

[sweeper]

An old Corporate American Express card reports on 2 CRA with a charge off of 12K, RMA have it but is not reporting. I finally pulled a TU report today and shows deletion date due of 10/2006 for this acct.

AMEX has never even bothered me about it, and I actually have a Corporate Amex with another company, so it is not as though they can classify me as a skip and trace. I never hear from RMA. Do I just wait out it out till ? The SOL has expired. Should I dispute it as not mine with the CRA , will this cause AMEX to come after me again,re-age the account or ? If I DV RMA will they flag me and try to see what they can settle with. What do you guys think?

Thanks in advance,and very thankful I found this board

[willingtocope]

Except in Wisconsin, an OC or CA can still TRY to collect on an SOL debt. However, if they sue, you can use SOL as an affirmative defense. So...I would suggest that since even if you can chase RMA away with a DV letter, it won't make AMEX disappear, you just let these guys both slide off your reports next year.

On the other hand, if you need RMA gone now...DV them...but don't admit the debt is yours...just say you found them on your credit report and even if the debt is yours it SOL.

[sweeper]

RMA is not showing up on my credit report, just AMEX- every month I am getting letters from RMA with a sliding scale about what they will accept for settlement of debt. The last letter was for $500, but since they are not showing up..I can't really send them a "pay for deletion letter" as it doesn't buy me anything

[willingtocope]

Exactly. And if RMA is decreasing their offer every month, chances are they're just fishing to see if you have any money. So, unless you find the letters stressful, I'd just let them keep spending their postage.