Okay, I understand that the SOL is 5 years in Florida... Here is the scenario...I recently had this debt deleted from the OC and another CA... Now I have been faced with this...
| Jul, 2008 |
| Feb, 2004 |
| Apr, 2005 |
| $22,566 |
| Installment |
| Joint |
| $418 |
| Auto Financing |
Descriptions
- Involuntary repossession
- Auto
No contact information provided by Equifax
Seven year payment history
Worst Delinquency
| 1 time (May 2005) |
| 0 times |
| 1 time (Aug 2005) |
Can someone please confirm that the SOL has expired? The SOL here in FL is 5 years, and the blood hounds are after me for this debt threatening garnishment of my wages and judgments for this debt. For starters I was never current on the loan and it later resulted in a repo in early 2005.
Thanks...
Starting Score: 06/2011 505 EX 523 Lender Pulledbump
i'm inclined to say yes, but definitely wait for someone to confirm 
Laz98, I was thinking the same thing. I think they know that my dispute will soon be over with EQ (7/6/2011) and I am sure they cannot validate. What I found strange is that in the letter they sent to me they stated they were prepared to file a judgment on behalf of their "client" Nicholas Financial. Well Nicholas stated that due to the inaccuracies on the credit reporting for years they agreed to delete the entire trade line (I still have the letter). Another collection agency with the same debt sent a letter stating that they have deleted all negative info. Now these genius' come out of nowhere with the same debt trying to collect on the same exact debt...
It was repo'd early 2005.
@Anonymous wrote:
@MissMia75 wrote:Okay, I understand that the SOL is 5 years in Florida... Here is the scenario...I recently had this debt deleted from the OC and another CA... Now I have been faced with this...
Status as of Date opened Date of last activity Largest past balance Account Type Account holder Scheduled Payment Amount Industry
Jul, 2008 Feb, 2004 Apr, 2005 $22,566 Installment Joint $418 Auto Financing Descriptions
- Involuntary repossession
- Auto
No contact information provided by Equifax
Seven year payment history 30 days late 60 days late 90+ days lateWorst Delinquency
1 time (May 2005) 0 times 1 time (Aug 2005)
Can someone please confirm that the SOL has expired? The SOL here in FL is 5 years, and the blood hounds are after me for this debt threatening garnishment of my wages and judgments for this debt. For starters I was never current on the loan and it later resulted in a repo in early 2005.
Thanks...
When was the car repoed?
Although the SOL is 5 years in Florida, with some auto loan contracts there are acceleration clauses. It's possible that the SOL would not start until the acceleration clause was invoked.
@Anonymous wrote:You should be ok on the SOL then.
Thanks for the update O6! I actually called those jokers and I believe they knew the OC had deleted the account. On 7/1/2011, the account was sold to another collection agency. I will be sending them a DV the moment I get a piece of correspondence from them.
I learn something new every day!!!! SOL in FLORIDA 5 YEARS NOT 7!!!!! Woooooohoooooooo!!!!!!!
Starting Scores: EQ 447 (01/02/2017), TU 476 (01/02/2017), EX 456 (01/02/2017)