Ask Experts Questions for FREE Help !
Ask
    So_Uncool's Avatar
    So_Uncool Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 4, 2008, 10:19 AM
    Third Party Collections
    I received a letter today from a 3rd party collections agency about a citibank mc account. I didn't recall my husband ever opening a citibank card so I called citibank direct. They told me they had no record of an account... so I called the collection agency. They informed me this account was opened in 1995!? They said no payments were made after 1998... which doesn't make any sense since we were living in the UK from 1996 - 2002 so how could we be making payments?? It is possible that hubby did open this account as he was only 19 at the time... but this has to be past the statute of limitations right?!

    I should add that we live in Ontario now :)
    StaticFX's Avatar
    StaticFX Posts: 943, Reputation: 74
    Senior Member
    		  
    #2

    Sep 4, 2008, 10:40 AM
    Well, I can at least tell you one thing. My dad owned a collection agency. They won't do anything until the 3rd letter is sent. So you at least have some time to straighten it out.
    Justice Matters's Avatar
    Justice Matters Posts: 210, Reputation: 27
    Full Member
    		  
    #3

    Sep 6, 2008, 01:56 PM
    In Ontario the limitation to file a lawsuit for a debt that occurred before January 2004 is six years. For a debt that occurred after January 2004 the limitation period is two years. Certain conditions apply.

    A payment or a signed written acknowledgement of the debt can restart a limitation period so be careful.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Cr. C sent to collections [ 3 Answers ]

Last summer I started a program to help pay off my credit card debt. I have a few cards on the program and I thought everything was going fine. However, a few weeks ago I was contacted by a collections company stating that I owe over $1400 and that they had not been receiving monthly payments,...

How do you come to a settlement with 3rd party collections? [ 3 Answers ]

I'm helping a friend with some (old) student loan from 15years ago. It has went to a third party collection "Total Recovery Toronto Ontario". She has admitted to them she does owe the money which is around $8000.00 - and has made some payments to them in the past (last payment to them was June...

Has the Democratic Party always been the cry-baby Party? [ 21 Answers ]

This is an honest question and I’m looking for an honest answer. Since I can remember Democrats talk about what a lousy country this is and constantly complain about the “unfairness” of life, the “evils” of big business, the never-shrinking scourge of racism and homophobia, and the inevitable...

Third Party Collections [ 1 Answers ]

My son received a settlement offer from a collection agency for half of a balance due to Verizon that was already paid to GTE the original phone company. GTE sent it to collection and I paid it. So it was on my son's credit report for 7 years as late but paid. Now 7 years later another agency is...

View more questions Search