Forums
Good Morning everyone,
I am new here and fairly new to repairing my credit.
I have been doing well and just got a letter about 30 days ago from American Debt Sevices, LLC
They are trying to collect $8607.61 for a debt in 2001 that they boughtabout 35 days ago. The original amount was $3400. It is past the SOL and the negative should fall of of my CR sometime early next year. But the negative is not from them but from the original debtor. They are trying to get me to pay 4000 dollars and said if I don't it will go back on the CR and will have a new statue of limitations. What do I do, can they re report the debt and start the SOL all over again. Please help.
Thanks,
Dusty
debt
Well.....I'm FAR from an expert, but, I'll tell you what I've learned about how to deal with certain things. On this debt you have, ..if the SOL has ALREADY passed, and the 'fall-off' date will is near, then I wouldn't pay on it, again. If you make payment arrangements, you will be 're-starting the SOL, on the debt, and the CA can come back and sue you. What state do you live in? Do you know the SOL for your state? If I were you ( talking from personal experience..LOL) I wouldn't even contact the CA. Do you have Caller ID? Are they calling with a Blocked/Private number?
state
I live in florida now. The debt was in Alabama.
I have asked the CA to send validation.
I don't know if the SOL is up for sure because I don't know when the last payment was made. Can I find out for sure? or is it a guessing game.
I have contacted them already, does that make this problem worse? I do have caller ID and they call from a couple of different numbers.
Can they put this debt back on my CR?