Collection Agency

[Desperate283]

Can a company (NCO) attempt to collect a debt that had fallen off my credit report (after 7 yrs) and have it re-listed on the credit reports?

[Trish]

No.. they can't do that.
If the debt is definitely over 7 years old. You should dispute it with the CRAs as obsolete and then send a FOAD letter to NCO.

[ca's RIP]

i just got a letter from nco as well from a 2001 debt, sent them a dv letter and its been 10 days since they got it...
wonder if you've had contact w/ them recently? i did and i think they went though there books, and decided they'd give it a try... thanks to this site, i'm to smart for that

[jjgross]

Originally Posted by Trish

No.. they can't do that.
If the debt is definitely over 7 years old. You should dispute it with the CRAs as obsolete and then send a FOAD letter to NCO.

In your foad letter ask them to cease and desist reporting this per federal law.If not sanctions will follow.Don't let them get away with this.

[Trish]

Originally Posted by ca's RIP

i just got a letter from nco as well from a 2001 debt, sent them a dv letter and its been 10 days since they got it...
wonder if you've had contact w/ them recently? i did and i think they went though there books, and decided they'd give it a try... thanks to this site, i'm to smart for that

YES. Bottom feeders aka JDBs (junk debt buyers) are always doing this... and especially in this economy, a surge of old debts popping up makes sense since a lot of them are probably hurting financially.
You would be surprised how many people will pay because they are not familiar with the laws and have no idea that a debt that old can't legally be collected on.