I'm dead, should I be concerned?

[Hayduke]

My first post here.

I've had credit problems all stemming from an episode in 2001. I have one outstanding credit card debt from this time, about $5000 from Providian, which was charged off in 2002.

The debt holder on my credit report I pulled recently is Presidio/CM, and has been for some time now. But on the transline for this debrt on my EQ report it shows that as of 10/2006 they entered "CONSUMER DECEASED." Now EQ itself does not consider me dead, only Presidio. Presidio has not changed the transline for EX, which still reflects this debt, however TU has now erased the transline alltogether. Very weird.

What I am wondering is has this happened to anyone else? And what does this mean, good or bad?

Also, I am wondering when the SOL is really up. I live in Ohio so God knows, but I would at least like to get the beginning date to track it. My last payment was in 6/2001. However, EQ has the Date Major Delinquency First Reported is 11/2003. How does this get fixed?

[MadinKS]

First off welcome hay.

And what does this mean, good or bad?

I'd say Good to be alive, bad to be dead.

Also, I am wondering when the SOL is really up. I live in Ohio so God knows, but I would at least like to get the beginning date to track it. My last payment was in 6/2001. However, EQ has the Date Major Delinquency First Reported is 11/2003. How does this get fixed?

There has been some discussion about the SOL for cc debt. Some say that a cc is considered written contract and some say it's not, worse case scenario is 15 years. Best case, it's SOL on collection expires in July 2007 and SOL for reporting in late 2008 or early 2009. It all depends on the way Ohio interprets cc debt. Experts w/knowledge on cc debt in Ohio will surely chime in soon. Good luck.

[direred]

Yes, you should be worried about being reported as deceased, though it will prevent people from coming after you for $.

It will, however, prevent you from doing the rebuilding portion of repair.

[MadinKS]

I noticed I forgot to complete my thought about the dead part. Sorry. Thanks red.

[Greg]

I'm dead, should I be concerned?

Ordinarily, yes. Since it's reported by a CRA, no.

The report of my death was an exaggeration.

Mark Twain, New York Journal, June 2, 1897

Good to hear you're feeling well!!

Greg

[IHateCAs]

Are you actually dead? If so, you may have a reason to be concerned, depending on the afterlife.

[IHateCAs]

Yes, you should be worried about being reported as deceased, though it will prevent people from coming after you for $.

I wonder how many CAs close accounts for good once getting a notice of being deceased? That could be a great credit repair tool.

Have yourself declared dead on your CR. If any of the "estate CAs" write letters, have someone respond saying there's no estate. Based on limited 2nd hand experience, they don't come after you too much longer once that starts to circulate.

Sit on that for about a year, then work with the CRAs to declare yourself not dead. By then, the paper for your accounts will probably be in some sealed vault somewhere, never to be seen again.

I bet they won't even respond to CRA disputes on deceased accounts.

[redbank]

Monty Python moment..... "I am not dead yet" (said with British accent)

Sound clip here http://www.rosswalker.co.uk/movie_sounds/sounds_files_20070211_107389/monty_python_holy_grail/not_dead.wav

I am surpised a CA hasn't marked me deceased, cause that is what my mother tells them when they call her house for me.

[Hayduke]

speaking of Mark Twain, here's another good quote. Maybe I could use this in my dealings with the CRAs from now on:

"I think we never become really and genuinely our entire and honest selves until we are dead--and not then until we have been dead years and years. People ought to start dead, and they would be honest so much earlier."

- Mark Twain in Eruption

I'm thinking this dead thing may be in the "let sleeping dogs lie" category at least for awhile. I don't know, however, how to fix the Date Major Delinquincy First Reported date though, without tipping Providian off that I am in fact drawing breath and consuming nutrients.