I am approaching (from my recollection) if not passed the seven year mark on a small credit loan from '01 from one company. I believe I stopped paying on it no later than November of that year (but not sure if sooner). I haven't done much with my credit since that point until two years ago when I got a secured credit card and then purchased a new car last year. I've gotten a few things in the mail with an attorneys office as the return address but have ignored them. About 3 years ago I was going to file for bankruptcy with a lawyer but he advised me to just wait out my past due account (I had a large charge off already from a C.U.).
I've just checked my score today to find that I have a report on my account history through Experian from a "Collection Department/Agency/Attorney" with the starting date of 12/01/2007. Acct status shows closed with the payment status as: "Seriously past due date / assigned to attorney, collection agency, or credit grantor's internal collection department".
On my 24-month payment history, it shows for Feb-May "Key Derogatory" meaning, "Key Derogatory = Claim, Term Default, Government Claim, Paid by Dealer, Bankruptcy Chapter 7, 11 or 12 Petitioned, or Discharged and Bankruptcy Chapter 7, 11, or 12 Reaffirmation of Debt Rescinded."
I was contemplating disputing it since I have no history with this company and I do not know if it will stay on my report.
My apologies for the length.
Any advice?
Message Edited by breakingthecode on 06-07-2008 09:21 PM
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I just looked further into that report and found that they have an old roommate as having joint responsibility with this. We haven't been roommates in over 3 1/2 years yet this account was started in 12/2007. I find that very odd. Is this enough to get it disputed?
Message Edited by breakingthecode on 06-07-2008 09:41 PM
