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Hi @Anonymous Welcome to the forums
Can you give us the DOFD and also, is the debt out of SOL?
You said you disputed based on SOL. Did you mean maximum allowed reporting period? Those two are quite different.
@Anonymous wrote:
Looking at the paperwork:
Last payment date 3/1/17
Charge off date is 10/30/17
Date sold 3/23/17 ??? Not sure why this is sooner than the charge off date.
The statute of limitations for my state is 3 years. Which I think is from the last payment date (New Hampshire) So it looks like I’m actually still within the limits? Yes its 3 years for open accounts, you will need to refer to NH statutes to determine how the period of time is set, its different between the states. Typically is the time period that begins with the DoFD but you need to clarify it.
I’m not sure what you mean by maximum allowed reporting period. Its the time period allowed by the FCRA and its 7.5 years from the accounts DoFD maximum
@Anonymous wrote:
Looking at the paperwork:
Last payment date 3/1/17
Charge off date is 10/30/17
Date sold 3/23/17 ??? Not sure why this is sooner than the charge off date.
The statute of limitations for my state is 3 years. Which I think is from the last payment date (New Hampshire) So it looks like I’m actually still within the limits?
I’m not sure what you mean by maximum allowed reporting period.
When you said you disputed it, you mentioned disputing it because of statute of limitations (SOL).
Credit reporting has nothing to do with SOL, nor is SOL basis for disputes. Age of derog might be, but not SOL.
Statue of limitations is the time debtor has to bring legal action against you. It varies from state to state.
Both clocks start ticking with DOFD, so it's really important you get the exact date. The free annual credit report is one way to get it.
https://www.annualcreditreport.com/index.action