Stop The Calls Fast

Don’t get confused with the difference between the date of last activity as it applies to the Fair Credit Reporting Act vs. how it applies to federal and state statutes of limitation. The statute of limitations for the purpose of reporting information on credit reports runs 7-10 years. It has absolutely nothing to do with [...]

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Recently, thanks to Bud Hibbs, we have learned that Capital One is sending out letters regarding many debts that have been charged off for a long time. The situation presents some interesting questions to examine. Capital One is a creditor and not a debt collector thereby not coming under the Fair Debt Collection Practices Act [...]

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A debt collector has sued you and contained in the summons and complaint is a sworn affidavit signed and notarized which states that an employee of the plaintiff is very familiar with your account, knows all the circumstances surrounding the use of the account and has the documents to support the allegation being sworn to. [...]

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