cuthatcard Posted March 17, 2007 Report Share Posted March 17, 2007 If an OC was deleted thru a dispute with CRA's and deleted, what, if any, is the leverage in getting a delete on the CA on this same TL? BTW, account is 6 yrs old, 5 yrs to collect in my state, 7 yrs for reporting. Link to comment Share on other sites More sharing options...
someonesomewhere Posted March 19, 2007 Report Share Posted March 19, 2007 Since the OC TL is deleted, that might mean that the CA does not have adequate info to validate.Try DVing using the 1-2 punch.http://www.debt-consolidation-credit-repair-service.com/forums/showpost.php?p=718583&postcount=8You can also just follow the Admin's Flowchart.http://www.debt-consolidation-credit-repair-service.com/forums/showthread.php?t=228576They don't have to validate if it's outside the 30 day window; however, I've had success DVing outside the 30 day window--and DVing with OCs before I knew one can only DV with CAs, not OCs. Link to comment Share on other sites More sharing options...
cuthatcard Posted March 20, 2007 Author Report Share Posted March 20, 2007 The reason I ask is this CA is Asset. If you know this then!!!! This is 1of 2 derogs I have left. The SOL to collect is up, however, from researching on this site, Asset can/will most likly pursue this until the 7 yr. SOL and maybe beyond. Just got a bad feeling about DV'ing at this point. Was just wondering about leverage. Link to comment Share on other sites More sharing options...
someonesomewhere Posted March 20, 2007 Report Share Posted March 20, 2007 Maybe I'm missing some nuanced detail, but lemme make sure I get it.The SOL is up, so the CA cannot sue. Right?Sure, they can continue to call or write, but a C&D would solve that. However, you're looking to get the derog deleted, and I totally empathize.What are afraid may happen if you DV? Link to comment Share on other sites More sharing options...
gypsie Posted March 20, 2007 Report Share Posted March 20, 2007 The reason I ask is this CA is Asset. If you know this then!!!! This is 1of 2 derogs I have left. The SOL to collect is up, however, from researching on this site, Asset can/will most likly pursue this until the 7 yr. SOL and maybe beyond. Just got a bad feeling about DV'ing at this point. Was just wondering about leverage.Doesn't matter- DV themThe SOL is up for collecting purposes. Which means - you now have an affirmative defense if they try to collect or sue. SOL doesn't make the debt go away unless you live in a SOR state- and KY is not one of those. So, Yes, Asset may attempt to collect until the end of time- but the SOL is now your "leverage".BTW, the 7 year reporting period (which people SO often confuse with SOL for collection) has no bearing. When the 7 years is up- it's up and the TL falls off- Never to return- that is unless you reset it yourself by making a payment.So, DV them. Link to comment Share on other sites More sharing options...
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