chargeoff being sued

[Anonymous]

Currently being sued and i have retained an attorney as the debt is in dispute. Trying to determine dofd and sol. Tradeline only reporting on experian. Question is since i am already being sued is it beneficial to dispute debt?

[llecs]

Pull your EX report directly from experian.com or annualcreditreport.com. It'll list a drop off date. To get an estimated DOFD, subtract 7 years from that drop off date. Since this is a CO, you can also look in the reported 7-yr history found within that report. When an account sours, it starts with a 30-day late, then a 60, 90, etc. DOFD begins at that 30-day late assuming it was never brought current again. You can also find DOFD within your own statements with the creditor.

SOL is the time frame a creditor has to sue you. It varies by state and can easily range anywhere from 3-15 years depending on the debt type and where you live. Check with your state's laws. Your attorney would know. In some states an acknowledgment of the debt, a payment, or a promise to pay can easily reset SOL. YMMV on where oyu live.

[Shogun]

You've already hired an attorney.  Good for you!   Some people just ignore them and get a default judgement.  Never do that, fight them!