CC and CA Reporting

[bott6698]

I have the same situation. I also started paying the collection agency about 1 year ago before I even knew about this site and the amount keeps going down but the OC still shows as a charge off as well. I am going to try to dispute the OC and let you guys know how it goes cause I already tried to dispute the CA but it never worked and just restarted my SOL when I was a fool and started paying them. To make matters worse I agreed to pay him when my SOL was so far past but I had no idea of my rights and got scared when  the attorney said I was being sent to court if not paid. I wish I would have found this site a long time ago and I could have dv'd that idiot and won the battle. Oh well you live and you learn I guess. I will let you know what happens after I report the OC as a duplicate.

[ozgirl]

The whole part about restarting the statute throws me. In my case, the statute on the original debt would not expire until April 2008 (4 years from DOFD in California) So, I don't see how the statute could be restarted--the debt has yet to be brought current, the original creditor sold the debt in 2006 to the CA.

The CA reports it as a collection to 2 of the CRAs and what is confusing me is that the CA reports as follows: (Note that it does not show anything in recent payments but the balance keeps going down each month

Date Opened:
01/2006
Reported Since:
04/2004
Date of Status:
04/2004
Last Reported:
01/2008
Type:
Collection
Terms:
1 Months
Monthly Payment:
$0
Responsibility:
Individual
Credit Limit/Original Amount:
$11,781
High Balance:
NA
Recent Balance:
$8,281
Recent Payment:
$0
Account History:
Collection as of Mar 2006 to Jan 2008, Apr 2004