Comments on: How do I go about clearing my credit report of time barred debts? http://www.free--credit-report-blog.com/credit/how-do-i-go-about-clearing-my-credit-report-of-time-barred-debts A blog with information on free credit reports Sun, 20 May 2012 15:58:44 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Reena http://www.free--credit-report-blog.com/credit/how-do-i-go-about-clearing-my-credit-report-of-time-barred-debts/comment-page-1#comment-407 Reena Tue, 26 Aug 2008 16:15:48 +0000 http://free--credit-report-blog.com/credit/how-do-i-go-about-clearing-my-credit-report-of-time-barred-debts/#comment-407 Send a dispute form to the Credit Bureaus and remind them that these debts are past the SOL and should not be on the report anymore. Kinda strange... usually they fall off after 7 years from last activity. Check your credit report and see what the last activity date was on those old debts. It might be that you got a call from a collection agency and admitted that they were yours and they "activated" the account again before it was SOL.... Send a dispute form to the Credit Bureaus and remind them that these debts are past the SOL and should not be on the report anymore.

Kinda strange… usually they fall off after 7 years from last activity.

Check your credit report and see what the last activity date was on those old debts. It might be that you got a call from a collection agency and admitted that they were yours and they “activated” the account again before it was SOL….

]]> By: bdancer222 http://www.free--credit-report-blog.com/credit/how-do-i-go-about-clearing-my-credit-report-of-time-barred-debts/comment-page-1#comment-406 bdancer222 Sat, 23 Aug 2008 17:12:29 +0000 http://free--credit-report-blog.com/credit/how-do-i-go-about-clearing-my-credit-report-of-time-barred-debts/#comment-406 Derogatory items age off your credit report 7-1/2 years from the date of first deficiency. If there are any items beyond the reporting period, send the credit bureau a dispute indicating the item is beyond the reporting period. This is not the same as the Statute of Limitations (SOL), the timeframe for bringing lawsuit. This varies from state to state and typically starts from the date of last activity or last payment. Making a payment or in some cases acknowledging the debt, restarts the SOL. Items beyond the SOL can still show on your credit report and there is no legitimate way to remove them until the age off. Derogatory items age off your credit report 7-1/2 years from the date of first deficiency. If there are any items beyond the reporting period, send the credit bureau a dispute indicating the item is beyond the reporting period.

This is not the same as the Statute of Limitations (SOL), the timeframe for bringing lawsuit. This varies from state to state and typically starts from the date of last activity or last payment. Making a payment or in some cases acknowledging the debt, restarts the SOL.

Items beyond the SOL can still show on your credit report and there is no legitimate way to remove them until the age off.

]]> By: Slimick http://www.free--credit-report-blog.com/credit/how-do-i-go-about-clearing-my-credit-report-of-time-barred-debts/comment-page-1#comment-405 Slimick Thu, 21 Aug 2008 13:19:10 +0000 http://free--credit-report-blog.com/credit/how-do-i-go-about-clearing-my-credit-report-of-time-barred-debts/#comment-405 The SOL refers ONLY to the time period that a creditor can successfully take legal action on the debt. The time period varies from state to state. The time period for reporting bad debts on credit reports is 7 years...for all 50 states. This time period can never be restarted...This is a completely separate time period than the statute of limitations. The SOL refers ONLY to the time period that a creditor can successfully take legal action on the debt. The time period varies from state to state. The time period for reporting bad debts on credit reports is 7 years…for all 50 states. This time period can never be restarted…This is a completely separate time period than the statute of limitations.

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