hawkfan Posted October 5, 2006 Report Share Posted October 5, 2006 Bill from 9-21-2000, when should this fall off cr? Link to comment Share on other sites More sharing options...
Texadelphia Posted October 5, 2006 Report Share Posted October 5, 2006 Bill from 9-21-2000, when should this fall off cr?10/2007, depending on what's going on the TL.If a JDB picks up this account, you may get a new TL. The original debt could fall off your report because that TL is so old, but you will have a brand new one with the same amount (or more!) showing up as a new account.JDBs litter credit reports with bad marks everywhere they go. And each time it gets sold, you'll see another TL pop up on your report. Each TL will sit on the report for 7 years.If a JDB picks up this account, insist that the JDB remove their TL entirely off your report in exchange for settlement (make this in writing). That could really pick up your credit history and get that account off. Link to comment Share on other sites More sharing options...
Spinnerbait Posted October 5, 2006 Report Share Posted October 5, 2006 "JDBs litter credit reports with bad marks everywhere they go. And each time it gets sold, you'll see another TL pop up on your report. Each TL will sit on the report for 7 years."Correct me if I'm wrong but this statement conflicts w/ everything I've ever read here. I didn't think repurchasing a debt reset the reporting period. Link to comment Share on other sites More sharing options...
Texadelphia Posted October 5, 2006 Report Share Posted October 5, 2006 "JDBs litter credit reports with bad marks everywhere they go. And each time it gets sold, you'll see another TL pop up on your report. Each TL will sit on the report for 7 years."Correct me if I'm wrong but this statement conflicts w/ everything I've ever read here. I didn't think repurchasing a debt reset the reporting period.It doesn't, you are right. But when the debt is sold, often (and I'm dealing with this very problem) is the OC's TL dropped off the CR, but another TL appeared in the JDB's name with an amount inflated by the JDB (for interest and "fees"). It has a new date.The original debt is out of SOL in Texas. However, I moved to Pennsylvania which has 2 more years on written contracts for SOL; but that doesn't change the fact that the debt I incurred was fraduently (foreign ATM cash advances showed up on my Prov. card, I contested and closed the account in TEXAS). The JDB landed an attorney in NJ who has an office in Philadelphia to start dunning me, so I DV'd both Portfolio and the lawyer.If I don't get anything satisfactory from the DV, then I will DV2 demanding the TLs be deleted entirely. If not--I will ITS and I will file suit in either Texas, Pennsylvania or both states.I saw 1 inquiries appear from "PORTFOLIO RECOVERY LLC" then the TL from them, then 2 more inquiries (I'm guessing they are verifying that it showed up). It's on my EX and TU but not EQ. Link to comment Share on other sites More sharing options...
divemedic Posted October 5, 2006 Report Share Posted October 5, 2006 Tex, in your case, the inquiries were an attempt to poison your report. They have no reason to pull your credit three times in a short timespan. Link to comment Share on other sites More sharing options...
Texadelphia Posted October 5, 2006 Report Share Posted October 5, 2006 Tex, in your case, the inquiries were an attempt to poison your report. They have no reason to pull your credit three times in a short timespan.dive: Can I use this in my ITS letter (if it comes to that). I've got a paper copy of the TU and also one an employer sent me when I completed a job application last year (the company in Delaware I applied for did not hire because of the TLs showing on account, even though I have other current no-late activity and also a $30K car loan which is PIF-never late).Should I complain in a follow-up DV when the CA comes back with their "fraud" form? [i'm hearing that PORTFOLIO doesn't really verify, they try to skirt it giving you a form to sign with a computer readout from their file].You know what's even more bizarre divemedic? The paper TU I got from an employer who stopped their job offer because of this account---TU is listing my brother as my spouse because I co-signed a signature loan for him (I have no idea what my brother's creditor did when they opened his TL, but it's a mess because I show up as his spouse on his TL when I asked him to go look at it). This loan is also PIF on his CR! I haven't even bothered yet to complain to TU about this (although it's fun to have potential creditors and employers think I am gay now). Link to comment Share on other sites More sharing options...
divemedic Posted October 5, 2006 Report Share Posted October 5, 2006 If you do file a suit, you can include at least a year's worth of income at that job as actual damages. Link to comment Share on other sites More sharing options...
LadynRed Posted October 5, 2006 Report Share Posted October 5, 2006 Ok, now for the accurate answer If the bill from 9/21/2000 is the last time you made a payment, then the fall-off date would actually be February 2008. If that was the last BILL, then the first delinquency would occur on 10/21/2000 and the drop-off date would then be March 2008.The reporting period begins with the date of first delinquency that immediately precedes placement for collections (internal or external) and/or charge-off and runs for 7 years PLUS 180 days. In most cases it's roughly 7 years from the charge-off date, but not all creditors charge-off at 180 days, some do it sooner and they can stretch it to 210 days. Collections CAN NOT survive the obsolescence of the ORIGINAL debt, and that is because even the subsequent buyers MUST use the DOFD. If they change that date, it has been deliberately and illegally re-aged. Once an orignal negative drops off, they CAN NOT legally put any collection on your reports for that debt. So, dispute any JDBs reporting this way as obsolete and illegally re-aged. Link to comment Share on other sites More sharing options...
divemedic Posted October 5, 2006 Report Share Posted October 5, 2006 Actually, the CRA's have just been going with 7 years, and not worrying about the 180 days. Link to comment Share on other sites More sharing options...
IHateCAs Posted October 5, 2006 Report Share Posted October 5, 2006 (although it's fun to have potential creditors and employers think I am gay now).Gay incest even. You been to Florida lately? Link to comment Share on other sites More sharing options...
LadynRed Posted October 5, 2006 Report Share Posted October 5, 2006 Actually, the CRA's have just been going with 7 years, and not worrying about the 180 days.Interesting.... good for people it they stick to that. I was just going by what the FCRA says. Link to comment Share on other sites More sharing options...
divemedic Posted October 5, 2006 Report Share Posted October 5, 2006 You are the one who posted this:YIKES!!! Uhhh....at least that was a movie. I heard a call on Loveline once from a 16 year old girl who's 18 year old brother got her pregnant. And this wasn't a rape either...it was consensual. "I don't know it just kind of happened" is what she said.That's hot.Remember?http://www.debt-consolidation-credit-repair-service.com/forums/showthread.php?t=253644 Link to comment Share on other sites More sharing options...
IHateCAs Posted October 5, 2006 Report Share Posted October 5, 2006 Remember?http://www.debt-consolidation-credit-repair-service.com/forums/showthread.php?t=253644At least my humor is consistent. Link to comment Share on other sites More sharing options...
IHateCAs Posted October 5, 2006 Report Share Posted October 5, 2006 Did you save that thread to remind me of it at a future date? Link to comment Share on other sites More sharing options...
divemedic Posted October 5, 2006 Report Share Posted October 5, 2006 No, search tools are great Link to comment Share on other sites More sharing options...
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