What is the name of your state? Illinois
I'm being sued by a CA for an old credit card debt - amount 1287.06. The only validation I've been sent are 2 statements from 1997.
Using the statement from 7/97 ($1050.46) and adding the interest of 20.20% (which is what that statement used), I come up with the approx. total I'm being sued for (within a few dollars) in 8/98 which is the exact date my debt was sold to the CA.
So, I've proved that there was no payment made between 7/97 and 8/98. Shouldn't this debt have been charged off?
My credit report shows the charge off as 12/99-5/2000, 10/99
Also, do you think this will be enough to have the case dismissed based on expired SOL?
BTW, I remember there was a big go around on this issue on my first post back in July but I wasn't sure what the final agreement was.
I'm being sued by a CA for an old credit card debt - amount 1287.06. The only validation I've been sent are 2 statements from 1997.
Using the statement from 7/97 ($1050.46) and adding the interest of 20.20% (which is what that statement used), I come up with the approx. total I'm being sued for (within a few dollars) in 8/98 which is the exact date my debt was sold to the CA.
So, I've proved that there was no payment made between 7/97 and 8/98. Shouldn't this debt have been charged off?
My credit report shows the charge off as 12/99-5/2000, 10/99
Also, do you think this will be enough to have the case dismissed based on expired SOL?
BTW, I remember there was a big go around on this issue on my first post back in July but I wasn't sure what the final agreement was.