Legal Question in Credit and Debt Law in Texas

Old credit card bills

Stopped payment in 2000 due to ill health & no other income. On my credit report people are still reporting negative stuff from these bill because they transfer from one collection co. to another. Can they continue to keep these going on my credit report? Some were not charged off, but some were, what are my rights.

I have 1 collection co. that says the negative stuff can remain on my credit report until 2015......is this right or correct.

I want to correct my credit report if I can. SOL for Texas I have been told is 4 years and 7 years for negative things to remain on report. Just want to know the legal truth and what I need to do from here to correct all. My credit has been good since my illiness and yet I am paying dearly for being unable to get an credit due to my report.


Asked on 1/23/08, 4:09 pm

3 Answers from Attorneys
Donald McLeaish McLeaish&Associates;, P.C.

Re: Old credit card bills

you may call credit companies for their rules..it is not economical to file suit without facts..you can get one credit report free each year from each credit bureau...do it and read their rules. You could dispute all and they will probably be taken off..but you need your credit report to get that done...

Collectors do notspeak truthfully..

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Answered on 1/23/08, 5:22 pm
Donald McLeaish McLeaish&Associates;, P.C.

Re: Old credit card bills

you may call credit companies for their rules..it is not economical to file suit without facts..you can get one credit report free each year from each credit bureau...do it and read their rules. You could dispute all and they will probably be taken off..but you need your credit report to get that done...

Collectors do notspeak truthfully..

Read more
Answered on 1/23/08, 5:22 pm
Sharon Campbell Sharon K. Campbell

Re: Old credit card bills

You are correct that the statute of limitations for suit on a debt in Texas is 4 years. Debts may be reported on your credit report for seven years from the date of last activity. If there is anything on your credit report which does not have the correct date or is reporting after 7 years, dispute it in writing with the credit reporting agencies. Sounds like some creditors or collection agencies are re-aging your accounts which is a violation of both the Fair Debt Collection Practices and the Fair Credit Reporting Act. Dispute it in writing and if they don't correct it, you may have grounds for a lawsuit.

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Answered on 1/23/08, 5:28 pm


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