citygirl2009 Posted March 7, 2011 Report Share Posted March 7, 2011 I've recently started taking a more pro-active approach into dealing with my credit (rather than responding to some personal threat). I've also read through the 'newbie forums' and I got a lot of really good information. However..... I don't have any recent letters (or old for that matter) around to respond to, I just have the addresses from the credit reports. I looked at all 3 reports and the SOL (WI = 6 yrs) is up on the bad accounts (long story short....lost job, no income, all accounts started in the same year) and I wanted to know how/if possible do I start to clean up my credit report (i.e. settling, disputing...etc...) when I don't have any letters to respond to? This is what I'm thinking right now....1. Write a DV letter to OC and wait for response. <<-- This scares me because I don't want to "rock the boat" and get sued and hope the presiding judge lets me off of SOL...(this might not be what happens but this is what I'm worried about)2. a) If they DON'T respond within 30 days, report to the credit bureaus that they haven't responded and request a deletion <<--don't really know this process either of if it happens like that If they DO respond within 30 days, hope they messed up on something or didn't provide any viable info. regarding what I requested and ...(not sure what happens after this...)If you have any information that would help me on this process it would be much appreciated. Thanks in advance. Link to comment Share on other sites More sharing options...
willingtocope Posted March 7, 2011 Report Share Posted March 7, 2011 WI also has a "statute of repose". The debts are npw uncollectable (as long as you don't move out of state) and...perhaps...unreportable. You'll have to check to be sure, but they could be volating WI law by even putting it on your reports. Check...and if that's right...include that in your letters to the OCs. Link to comment Share on other sites More sharing options...
thebone Posted March 8, 2011 Report Share Posted March 8, 2011 Willingtocope, Your last statement just turned on a light, you said "as long as you don't move out of state". Now I have a few that the SOL is up but I have moved a few times in the last few years. How does it effect me? Link to comment Share on other sites More sharing options...
citygirl2009 Posted March 8, 2011 Author Report Share Posted March 8, 2011 WI also has a "statute of repose". The debts are npw uncollectable (as long as you don't move out of state) and...perhaps...unreportable. You'll have to check to be sure, but they could be volating WI law by even putting it on your reports. Check...and if that's right...include that in your letters to the OCs.The Statute of Repose is 10 yrs for WI. The SOL is 6 yrs.. I'll stick with that! Question, should I start by sending the OC a DV? I'm wondering how to start this ball moving?Thanks Link to comment Share on other sites More sharing options...
lolah Posted March 8, 2011 Report Share Posted March 8, 2011 You don't DV the OC, you DV the CA and the CRA. Use the 623 dispute method with the OC.Start by reading this. Link to comment Share on other sites More sharing options...
willingtocope Posted March 8, 2011 Report Share Posted March 8, 2011 I don't think so...I think SOL and SOR are the same. Check the actual laws to be sure. Link to comment Share on other sites More sharing options...
momof5 Posted March 9, 2011 Report Share Posted March 9, 2011 With debts that old, I would start with:(1) delete old addresses/names(2) challenge the old debt with "I have no recollection of this debt" disputes. You would be surprised how many will simply disappear! Once that set of investigations is complete, you now know what you have left to deal with....THEN(3) 623 disputes, etc. Link to comment Share on other sites More sharing options...
citygirl2009 Posted March 11, 2011 Author Report Share Posted March 11, 2011 With debts that old, I would start with:(1) delete old addresses/namesIs this to the CRA? Link to comment Share on other sites More sharing options...
momof5 Posted March 11, 2011 Report Share Posted March 11, 2011 Yes Link to comment Share on other sites More sharing options...
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