If this has not passed the SOL leave it alone as you dont have the funds. Once the SOL passes then you can settle for less as they could not get a successful judgment. It is considered a written contract for SOL purposes. When the time comes you could make a deal with Verizon to settle in exchange for recalling the collection.
Is this on your report(s)?
Do you know what the date of first delinquency is? (from Verizon, not the CA date)
@musicalmom wrote:I apologize what does SOL mean?
Jefferson had it for a while and then Unifin has had it for probably 6 months or so.
Statute of Limitations, each state sets the time periods a creditor can use the courts to recover money.
I would bet it is older if Jefferson passed it on. You should be able to get Jefferson off your report if they do not have it any longer.
Several of these communication companies keep their accounts open until paid in full. If you remember your account information, try entering your account and pay a modest amount until paid off. After all, if you are honestly trying to pay, this is an option. Companies want to be paid regardless of how you do it. Once paid, you know the rest. If your account is closed you may have no choice but to pay.
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