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If you are struggling with debt and debt collectors, Farmer & Morris Law, PLLC can help. As soon as you use the 11-word phrase ?please cease and desist all calls and contact with me immediately? to stop the harassment, call us for a free consultation about what you can do to resolve your debt problems for good.
Keep in mind that making a partial payment or acknowledging you owe an old debt, even after the statute of limitations expired, may restart the time period. It may also be affected by terms in the contract with the creditor or if you moved to a state where the laws differ.
If you don't think you owe the debt Once you receive the validation information or notice from the debt collector during or after your initial communication with them, you have 30 days to dispute all or part of the debt, if you don't believe that you owe it.
You'll need to dispute inaccurate information to have it changed or removed. Each of the three major credit reporting bureaus ? Experian?, Equifax® and TransUnion® ? lets consumers file a dispute. You'll have to submit your name, account number, the item you're disputing and evidence proving the dispute is legitimate.
Write the collector a letter explaining your circumstances and why you would like the debt removed, such as if you're about to apply for a mortgage. There's no guarantee your request will be accepted, but there's no harm in asking. A record of on-time payments since the debt was paid will help your case.
Debt collectors have 6 years to file a judgment for an unsealed written contract. The clock starts ticking from the day you first defaulted on a payment. Meanwhile, the statute of limitations for sealed written contracts is much longer ? it's 10 years from the date you defaulted on payments.
Send letters to the credit bureaus If the debt really is too old to be reported, it's time to write to the credit bureau(s) to request its removal. When you dispute an old debt, the bureau will open an investigation and ask the creditor reporting it to verify the debt. If it can't, the debt has to come off your report.
Successfully disputing inaccurate information is the only surefire way to get collections removed from your credit report. If you've repaid a debt and the collection account remains on your credit report, you can request a goodwill deletion from your creditor, though there's no guarantee they'll grant your request.