[dreamchaser101]

I am in PA

I've some accounts in default.

I need to know if someone else making a $10. Payment re-starts the SOl?

I signed up with a management company 3 years ago and they did not do what they
Were to do and made one or two $10 payments on the accounts given to them.

They were put out of business in 2009 as they were supposedly a scam.

But the date of first delinquency reported on the credit reports is back in 2008 between May and Nov.

Also, some of the accounts have put $10 payments on their report after the company was shut down.
They are deliberately re- aging or trying to... No account was brought current after the date of first delinquency.

I have not been sued so I will not dispute these and stir the pot, but just am curious what that does.

[tickle]

Yes, as soon as you or someone else makes a payment on a delinquent debt where the SOL has already kicked in, it starts all over again for another six years or so.

Tick

[dreamchaser101]

Thank you Tickle,

Then that means that when Citibank falsified a payment of $10.00 each
On 2 accounts,one full year after MY actual last payment that they effectively
And fraudulently, re-aged those two accounts?

[tickle]

Thank you Tickle,

Then that means that when Citibank falsified a payment of $10.00 each
on 2 accounts,one full year after MY actual last payment that they effectively
and fraudulently, re-aged those two accounts?

I don't know if it was an intentional fraudulent action by them, but yes, they re-aged the two accounts starting the six years all over again.

[dreamchaser101]

BUMMER.

Then I guess they will have to be sued.

If that is the case, they can do this for the next 20 years until they get around
To suing me.

There is one other account that I have that has done this also.

Eventually they all will, I suppose... which means that eventually
There will be no SOLs expiration on and credit card.

[twinkiedooter]

Yes the $10 was enough. Are they claiming you signed or agreed to pay this debt? By hiring the management company you did just that, you activated the account again (or they did for you) The SOL is generally 7 years from the last activity on the account. I know in Ohio and Florida it's 7 years, but not too sure about Penna's laws.

[ScottGem]

First if the SOL is 6 years and the delinquency occurred in 2008 then you are well within the SOL. Remember the SOL stops as soon as legal action is filed. So as long as they file before 2014, it really doesn't matter whether they recently record payments or not.