02-01-2013 02:20 PM
02-01-2013 07:44 PM
Be sure not to confuse SOL with CRTP. CRTP is the credit reporting time period which is set by federal law and that's 7-7.5 yrs on items like collections. SOL is the time frame a creditor has to collect. That has nothing to do with reporting and varies by state. Parking tickets vary by state. I know of at least one state (AZ I think) where there is no SOL on parking tickets. They can come after the debt decades after the ticket. I'm not familiar with states' SOL on parking tickets, but I can't imagine more than 5-10 yrs. on average. Definitely check your state's laws (or rather the state in which the ticket was issued).
Per reporting, a CA (I'm assuming AllianceOne is a CA) cannot report for more than 7-7.5 yrs from the date of the ticket. If the ticket was issued in 8/2000, do you have proof of that? Could you re-dispute with that proof?
02-01-2013 07:46 PM
The woman was right in one aspect. Yes, it is still an active valid debt. All debt is that way until paid, no matter if it's past the SOL or the CRTP. What this does appear to be however is a Zombie debt. It shouldn't be on your CR because it is so old.
Now with that being said, since this is from a ticket, there are some state statutes that may come into play as to how long they can collect on it concerning the SOL. I don't know the particulars for your situation so I am unable to comment on them.
As far as coming after your bank account, unless you live in Minnesota or a state that has pocket filing, they must take you to court. Once again, concerning your particular states statutes, since this was a ticket, they may consider that this serves as the legal means by which to secure a judgement..
The only thing I can tell you for certain is that this is past the CRTP and should by no means that I'm aware of be showing on your CR. How much is it? If it's a small amount, I'd pay and this would all be a moot point.
02-01-2013 07:47 PM
llecs is a faster typer. haha
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.