Hi everybody!
I haven't posted for a while because I'm just playing the waiting game for my score to come up.
However, I have a CC I defaulted on and I never had the money to deal with it (yes I just ignored the CA and lucked out that they didn't sue me because the balance was almost $4k). The DOFD is 8/03. The OC never reported and the credit services company it went to fell off my reports last year. THEN, a couple of days ago, I got a dunnning from a different CA for this account.
The DOFD is 8/03, therefore it is beyond SOL for suit (which would have been 7/10) and beyond CR reporting (which would have 12/10), correct? I'm in Ohio. SOL for open accounts is 6 years. However, there is a statute that will allow creditors to pursue for up to 15 years for larger amounts if there is a signed contract. Of course, I can't remember if I applied online or if I actually signed an application/contract.
I'm thinking because of the amount owed, I'm just going to leave it alone. I still don't have the money to deal with it. I was considering writing them an FOAD letter since it has gone to another CA. I would think that if I was going to get sued, the credit services company would have filed.
What do y'all think?
Thanks in advance for your input.
Starting Score: TU: 606 EQ: 600