Amadeus Posted August 2, 2006 Report Share Posted August 2, 2006 Charged off Capital One debt still within SOL (Maryland - 3 years). It was charged off May 2005. Last payment was made December 2005 (reset date for SOL). In July 2005, I made arrangements (stupidly I know) with the collection agency (Academy) to have a 6 payments of same amount each month deducted from my checking account via EBT (no settlement agreement in writing). This amount was inaccurately under reported each month to the CRA's (by at least $50 difference). I have the bank statements and their letters of intent with amounts.Violation anyone? If they sue me for the remaining balance, can I use this as any sort of defense? Can I sue them? I thought of possibly settling for the remaining balance, but I want the original creditor's tradeline off my credit report. To my understanding, negotiating with the CA most likely won't get that. But maybe having this on my side will? I'm not too sure though, being that it's within the SOL still and all. Link to comment Share on other sites More sharing options...
GreatGadsby Posted August 2, 2006 Report Share Posted August 2, 2006 technically the information they are reporting is not 'complete and accurate'. you can sue them first if you choose, but you need to establish a pattern of behavior, not just a single violation. also, if you do sue them, chances are good that they would counter-sue for any money you owe them since they're already going to court and all. Link to comment Share on other sites More sharing options...
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