I just don't know what to do!

[in4sit]

I have been reading on the forums so much that I think my head is going to explode. You all make it sound easy, but from what i have been reading, a lot of people deal with credit repair in many ways and I just don't know what I should do with my problem...

I pulled a credit report last week and I have a charge off that is reporting on my report by a CA. Today I got a bill from them on regards to the account and after review, it is a medical bill that I owe 100.00.

The problem is, I don't how to deal with this,.. I want to pay it but I would also like them to remove it from my CB. Who should I deal with?.. Do I deal with the CA who is reporting this on my CB or do I deal with the medical center?

I was going to send a PFD letter, but don't know who I would have a better chance with.. I am thinking I should deal with the CA that is reporting to my CB, but would like someone who knows about this stuff more to point me the right way.

Thank you!

[Lian]

If the debt collector has reported a collection, and the OC has not reported, you cannot offer the OC a PFD. A PFD is a request for CR deletion, and if the OC has never reported, they have nothing to delete.

Before pursuing any specific action on the collection, you need two important pieces of information. First, what is the date of first delinquency (DOFD) on the OC account that led to the collection?

That date is the critical date in your decision-making. It tells you when the collection will be removed from your CR should you do nothing. The collection will die of its own old age after 7 years plus 180 days from that single, date-certain DOFD, regardless of anything else.

Second, you need to know your state statute of limitations on the type of debt that is under collection. If the SOL has expired, your legal obligation for the debt has expired, and they would thereafter not have legal recourse to attempt to collect in court. The DOFD is, in most instances, the date that also begins the running of your state statute of limitations. Expiration of SOL also increases your chance of a PFD acceptance.

If you provide the dates discussed above, more specific advise can be provided.