My partner is being hounded over a debt from 10 years ago that I know was paid, what are his rights?
Answers:
10 years, if you are sure it's been that long,is contact all three credit agencies if they are reporting to each...tell them this debt is 10 years old and paid please remove it from his and your credit report. All collections are suppose to be removed in 7-10 years, with the exception of student loans which can go on forever if they aren't paid
Send them proof of age of account and that it was paid in full if you can and that will help things move fast and smoothly
my advice moce to brazil and hide
does he have a receipt? If not, he is screwed...
I believe after 7 years they can't bother him. Also, check the local state laws, but dept collectors have to stop calling if you write them a letter asking them to stop.
Also, try contacting free credit counseling agencies, a lawyer if you can afford one, or sites like consumerist.com or local news for help.
There is a right in this situation that is often overlooked. Your partner can simply pay the debt off again.
Well, in most cases I believe the statute of limitations IS about 10 years...so with that said, if you can prove you paid the debt great, but you can also use the statute of limitations against them. Meaning, Debts that go back 10 years are thrown out in most states. Check your states law regarding this issue.
They can't touch your partner after seven years, tell them not to write or call anymore and they have to stop!
Show the cancelled checks, or bank statements that have the monthly amount he paid. As long as your partner challenges the charge, they have no basis for collection. If this isn't enough, let them take your partner to court and allow the Judge to review the financial records.
Note: The nice thing about financial disputes is the audit trail is really easy to follow.
he has to write a letter to the credit agency as well as to equifax and such protesting it, provide as much as you can like reciepts and such
That's a real pain ... and I don't know 100% of the answer ..but I have used this site before http://www.freeadvice.com/
They are GREAT . they are attorney's who answer your questions. I think you would get more sound advice than on Y!A.
Good Luck.
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