Professional Collection Agency question

[creditisbetter2]

I had a cingular wireless bill that was approximately 750 dollars.  I ran into some family issues and couldn't pay it.  After a couple months, I never received any information about it so I sort of forgot about it.  Well now it's on my credit report under Professional Collection Agency and they have just recently sent me a collection notice.  My question is can they sue me for payment and when will that collection fall off of my report.

The First date of delinquency was 4/8/03 in CA.  I had a contract with Cingular that was signed 2/8/03.  Has the SOL expired for this account and does that mean it will fall off my report next year in April?  Also on my credit report, it shows that it was opened with Professional collections 6/2004.  Is that the date the credit agencies will use to remove it off my report? 

[Anonymous]

CRTP = Credit Report Time period     Time limit in which items can report on your CR.

SOL =  Is set by each state (usually). It is the time limit in which a creditor can file suit and win.

Phones have a federal SOL of 2 years BUT CRTP is 7-7.5 years. You can be past SOL but not past CRTP.

DOFD is 4/03 then it should drop in 4/2010

Always keep hard copies of all 3 CBs when you have any collections reported/ They may try to change the CRTP or sell it to another CAs. You can use old CRs to have it deleted from new CRs.

You should also opt-out with the CRAs so that they (CRAs) can not keep selling you info.

https://www.optoutprescreen.com/?rf=t

Message Edited by HappyDays on 11-12-2009 08:18 PM

[RobertEG]

Credit reporting is totally unrelated to SOL.

If your DOFD was 4/2003, the CA will drop from your CR after 7 1/2 years, or 10/2010.. FCRA 605(c).

[Anonymous]

My understanding of DOFD is like RobertEG. 

Isn't DOFD date permanently delinquent plus 180 days?  Therefore DOFD would be 6 months after last became deliquent and never caught up?

If so, and the contract is signed in 2/03 and first bill is due 3/03 and thus delinquent 4/03, then 6 months later is 10/03 plus 7 years is 10/2010?

I just wanted to make sure I was clear on the subject since I think I saw a different proposed DOFD.