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I have seen a lot of people asking the same question here at the forum over the past year and have yet to see a really good way to prove a debt was reaged. So my question is How can a person legally prove they did not make a payment on a debt if the collector has reage it? If they have not paid on it and it goes to court how can they prove the collector is lying? I would imagine they (the collector ) should have to prove to the judge a payment was made. What if theycome up with some phony proof of payment? Surley there has to be something someone can do. I seen this question asked just recently and was unsure how they would prove. My curiosity got the best of me and I thought I would really like to hear the answer to this.
what is reaging of accout. How is an account reaged?
Reaging is a process by which you can clean up your missed payment from your credit report so that your credit score is not hampered. For reaging your account to need to get in touch with your creditor or the credit card provider as the case may be and then make him agree for reaging your delinquent account. You may need to pay a major part of your debt initially and then pay the rest of the debt to the creditor on a monthly repayment plan.
Yes, Carol is right, but there are certain guidelines which must be followed for the account to reage. Firstly, the account should be at least nine months old and the borrower should have the ability to repay the loan. and Secondly, There should be at least three consecutive repayments by the debtor and the account should not have reaged within the 12 month period. However, it is very difficult to make the creditor agree to reage your account.
Okay but what happens when the account is sold and then the collector reages an account making it look like the debtor made a payment? This is done to usually renew the SOL so they debtor can still be sued. This is the form of reaging I was speaking of. I just seen a psot on this and the guy does not know how to prove he actually did not make the payment they are saying he did. Can he ask for proof and if he tells the judge that he feel the collector made up a payment to put it with in the time limit for sueing don;t they have to shaow a valid form of payment to the judge before they can go further with the law suit?
Yes, if a creditor illegally re-age an account, just to rewind the statute of limitation, you can definitely ask for the proof that you have made the payment. They may send you a court summon and you should file a response to the summon first so that you can get a court date and in the court you may ask for the payment details the collectors claim that you have made. If they cannot prove that you have made a payment, then no judgment can be brought against you.
reaging
my credit card has been late the last 4 months because of no work im in a position now where i could actually pay it to zero but i need them to change thse lates to current can this ne done
what happened to this thread?
OK, when most people discussing re-aging it refers to a collector changing the DOFD to illegally list the report longer and stay within SOL for suing the debtor. you fight this by demanding proof of the DOFD.
it seems that carol and justin are describing rehabbing refinancing and late payment forgiveness. Many lenders of policies around this, there is no law or legal policy that dictates here.
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eSAnxh Very informative article post.Really looking forward to read more.