General Credit Topics

[AvaMommy]

Hi Community,

I am new to the forum and have questions that require assistance. Recently, I pulled my CR and saw a CO for GEMB/Bassett Furniture. However, the 3 CRAs have conflicting info EX states "CO", EQ reflects "Bad debt & placed for collection & skip"; and TU "Payment after charge off / collection". The funny thing about this situation is I never applied for this acct. As well, since this acct was opened in 2008 there is a CA assigned to this acct...CACH, LLC. I was receiving harrassing phone calls from CACH, LLC. I expressed to the CA that this acct did and does not belong to me which they requested a police report. I told them it is not up to me to provide proof. Following the phone call I drafted a DV CMRRR letter to CACH, LLC. Since then I have not received any phone calls from them.

However, the major problem is GEMB/Bassett and CACH, LLC are still reporting negative TLs. I have disputed these accts with the CRAs and you guessed right...the CRAs state the accts have been "verified". My question now is what do I do to have these items removed? To include, does anyone know what the SOLs in Maryland are?

Please any assistance is greatly appreciated

"On the Road to SUCCESS"

[AvaMommy]

Hi Community,

I am new to the forum and have questions that require assistance. Recently, I pulled my CR and saw a CO for GEMB/Bassett Furniture. However, the 3 CRAs have conflicting info EX states "CO", EQ reflects "Bad debt & placed for collection & skip"; and TU "Payment after charge off / collection". The funny thing about this situation is I never applied for this acct. As well, since this acct was opened in 2008 there is a CA assigned to this acct...CACH, LLC. I was receiving harrassing phone calls from CACH, LLC. I expressed to the CA that this acct did and does not belong to me which they requested a police report. I told them it is not up to me to provide proof. Following the phone call I drafted a DV CMRRR letter to CACH, LLC. Since then I have not received any phone calls from them.

However, the major problem is GEMB/Bassett and CACH, LLC are still reporting negative TLs. I have disputed these accts with the CRAs and you guessed right...the CRAs state the accts have been "verified". My question now is what do I do to have these items removed? To include, does anyone know what the SOLs in Maryland are?

Please any assistance is greatly appreciated

"On the Road to SUCCESS"

[AndySoCal]

I would call  Bassett and talk to them. and have them send you the information you need to resolve this.

[webhopper]

If you never had a basset account then you should file an identity theft police report. Once you have filed this; you should mail a letter to the credit reporting agencies disputing the accounts as not yours; identity theft. You should include the copy of the police report as well when you dispute. Someone got your info somewhere down the line and used it!

[AvaMommy]

Thanks! I can still file a police report even though it's been 4yrs? I was told by the police I couldnt

[AvaMommy]

What info would I request?

[RobertEG]

A police report does not prove anything, and is thus not basis for documenting a dispute.  It is a sworn assertion, not proof.

If you simply dispute, they will use the information in their files to simply verified the accuracy based on what is known to them.  They, rightfully in my opinion, can only base their verification on their records.  They arent required to hire a private investigator to determine the accuracy prior to verifying, and the dispute process does not compel them to provide documentation to verify the accuracy of thier reporting.  That is why the identity theft provisions were added to the FCRA back when.

The police report is thus used to invoke the identity theft provisions of the FCRA, and thus permit you to build documentation to support a dispute.

In the interim, the police report permits you to have the information immediately blocked from your CR under FCRA 605B until the accuracy of the information is ultimately determined, and hopefully deleted from your credit file.

File a police report (the FCRA calls it an "identity theft report") and initiate the identity theft provisions.  The age of the matter is not the issue. 

What the police report provides is a sworn statement, under penalty of law for any knowingly inaccurate statements, that simply records your assertion that the account/transactions were never authorized or established by you, and thus logically must have been established by fraud or identity theft.  You arent required to "prove" a negative in that statement.  Most law enforcement agencies have standard procedures for accepting request for police reports that are needed by a consumer in order to invoke their statutory rights under the FCRA.  If a police agency declines, simply call your state AG, who will assist you in obtaining the report.

The FCRA accepts such a sworn statement as basis for immediately blocking the information from your credit report under FCRA 605B.   That's what you want now.  Then, by also sending it to the creditor, you can require them to provide all business records pertaining to the identity theft information pursuant to section 609(e), thus building your documentation of "not mine."

  If a debt collector is also involved, you can additionally send the police/identity theft report to them, and compel their production of all information that they normally would have been required to provide if you had disputed the accuracy with them.  FCRA 615(g).

[AndySoCal]

The information is the documents used to open the account. One the signature used and the address would helpful.

[AvaMommy]

Thank you