Woohoo! 8 baddies gone in 2 months!

[Mike_B03]

Gotta love aging off! 

In October 2012, I had 14 negative accounts reporting on my Experian credit report. 3 of them fell off in November and another 5 fell off this month! 

My previous total debt showed $54,961 and today it shows $3,874. 

[Anonymous]

I'm hoping to settle my accounts and for the people that just wont budge or settle I look forward to them aging off. 

[NewbieReed]

HOORAY!

That is great!

[Shogun]

If not paid, watch out for zombie debts to still appear.  Just because they fell off your CR doesn't mean that the debt is gone.  Also, with zombie debts, sometimes the CAs are a bit more of the bottom feeder variety.

[Mike_B03]

Thanks Shogun. When you say "Watch out for" do you mean watch out so they don't pop back up on the credit report or watch out for possible lawsuits?

[Shogun]

Either, or.  It's probably outside of the SOL, it depends on your state.  And it will be outside the CRTP, but the "bottom feeders" as I like to call them, really don't care.  They don't necessarily try to play by the rules.  They're the ones that call and threaten to take you to jail, seize your house, etc.  It's just the low life tactics some of them use.

[Mike_B03]

I'll keep an eye out. The ones that still showed a balance before dropping off were...

LVNV Funding

Asset Acceptance

Midland Credit Management

Midland Funding

Are they normally some of the "bottom feeders" or are they more likely to resell the debt to some lesser known junk debt buyers who don't really care about following the rules?

[Shogun]

Most like those will resell to CAs that are lower on the food chain.  Just stay on top of everything.  

[rightcoast]

What was the DOFD for those baddies you had mate. Were they only reporting to experian? I have old medical debt from 06 07 justablet wondering the time table

[Epcot]

That's great, Congrats!