Rebuilding Your Credit

[golo]

Hi to all, I started the journey to clean my report and I've been reading this great forum to the point that I'm overwhelm,thank you all for your contributions question is if I dispute a debt or have the CRA's do it will reset the "so call clock" on the debt? Who if I try to settle? Will that wake up the hornets nest?

Thank you in advance.

[annielorie]

Disputing will not reset the clock on a debt unless you bring it back to current and default again. Are these items out of the SOL for your state? Whats your credit picture??

[golo]

Hi,thank you for replying,how do I bring them back? ( sorry for my lack of knowledge) they're right around the SOL,i just want to clean my report after going tru a divorce.i have several baddies,and some of them will drop next year,I would just want to settle some that won't drop till next year and beyond,I'm trying to fix my credit so one day,one day, I will buy a house
Thanks in advance

[RobertEG]

Neither a dispute nor a DV will reset any periods under the FCRA, but I have a basic question....what is meant by "disputing the debt?"

A request for debt verification, or a dispute over accuracy of their reporting?

If the debt is either invalid or reporting inaccurately, do you want that resolved prior to entering into any negotiations to settle the debt?

I am not sure exactly what the plan is.....

[golo]

I meant disputing and or validating,anything that I could do to check if the debt collection is right,but I know that I defaulted in a cc a couple of years ago and now I'm trying to see if I could settle,I guess I grew up.,sighs,

[golo]

bump