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  #11 (permalink)  
Old 08-26-2008, 06:49 PM
Senior Member
 
Join Date: Mar 2008
Location: WA
Posts: 159
Trish is on a distinguished road
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Quote:
Originally Posted by WEFIXBADCREDIT View Post
Talking to them now will restart the time line of collections!
That's not true.
Merely talking to them will not restart the SOL clock. Some people believe that making a payment will restart the SOL clock. Also not true. There are only a few states that this will happen. The only way you could restart the SOL clock is by making a NEW payment arrangement/contract with a CA.

m15giv,
I think you are right to send NCO a DV with limited C&D if they sent you a collection letter. I think it's important to be proactive with credit repair. Don't just hide and wait (well.....unless it's a sleeping giant.....then just let it be).

Just my .02
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