Business accounts on personal report

[Driller]

Hi all

New to the forum and like so many people had perfect credit for 23 years then in 2008 had a meltdown and now digging out from the ashes. I really have learned a lot reading the forum and appreciate all the help from all of you.

A couple of issues that I need a little help with and thought I would through it out to the group.

Issue #1 My son and I have the exact same name what a mistake doing that one. My son became very ill a couple of years ago and ran up 60K in medical bills. Some of the bills have been put on my credit I have disputed them several time with the credit bureaus and they still remain. I have disputed them one more time and am sending a debt Validation to all those collection company’s for the first time. Since these are medical bills and they have my sons SS# and DofB this would be pretty simple to prove.

Question on my sons credit Is there a time limit that medical bills can be on your credit and what determines that date for the starting of that time as with credit cards being the last payment or default? Example if the service was in 2006 and the put the collection on your account in 2011 can they do that? Does this come off your credit 7 years from service or when they put it on your credit? The medical is a little confusing.

Issue #2 In my financial meltdown I defaulted on a business loan with wells Fargo and a Business Credit Card. These were put on my personal credit as the said I personally guaranteed them. These have now been sold to a junk debt buyer who has put multiple accounts on my personal credit as they are saying I guaranteed them. And have inflated the amount I owe by doubling it and saying I owe 60K were it should be 30K. The last payment on the card was May of 2009 so the debit is fairly new. The debt buyer said they would settle for about 15% but they say that I owe 60K and not 30K. So I sent them a validation letter to them but a little toned down.

Also even though all of the loans or credit cards have been either charged off, sold or sent to collection the companies keep reporting the accounts as delinquent every month is that normal and legal?

Any impute would be appreciated.

Driller