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nco collection notice


brooklynboy
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l received a collection notice from a law firm in new jersey.

creditor-assignee of discover nco. What's my next move? l'am a nys resident and they want me to send my response to their jersey office.

According to my cr from, eq and tu the dola was 2/99, but my payment

history begin's 7/99 till charge off date. At what point does the sol clock begin ticking, ( NYS-sol 6yrs). l want to thank you for this great site and any info you can provide. :(

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I believe the SOL would start 30 days after your last payment missed payment... but I could be wrong.

The history is just when they started reporting it to the CRA. Unfortunately, creditors don't have to report anything... so that means many won't report at all if they're getting their money when they want it! As soon as you miss a payment... they'll report (if they haven't already...). Make sense?

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If you're certain the date of the last payment was 2/99, then the SOL started ticking 30 days later when the account 1st went delinquent and was never again brought current. So, the SOL would run out the end of this month, 3/05. Stall them. Start the validation process, NOW. Once you're certain of the dates and the SOL HAS expired, you can send them a cease and desist.

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