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Collections Law/North Carolina statue of limitation for credit card debt
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Question
I have been given a civil summons from Sessoms and rogers
durham nc for atlantic credit and finance for a bank of america credit card I have not made a payment on since -without 100% memory recall april 2003...
I have four credit reports.
Three from experian and one from transunion.
Dates 4-05, 9-05, 6-07, and 6-07 respectivly
Not 100% sure I can read them and different information is in all of them, but it helps me see I was making progess with my debt. The only one left is bank of america and I think the sol is out.
Can I photocopy one credit report with my written answer to the complaint? Do I need more?
Thank you Gary e McGee
You may use the credit report to support your defense but make sure you have other documentation to show the date of last activity. This is the date of last payment or charge on the account. If you answer the complaint or plan on fighting the case make sure you follow the instructions on the summons and ask that the case be dismissed based on the statute of limitations. I would need more detailed information to go any further. I wish you luck fighting the case.
Mike
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Answers by Expert:
Michael Brotherton
Expertise
Consumer/Debtor Rights Advocate. Mike Brotherton is a negotiator with over 30 years experience in consumer lending and collections. Mike has 30 years in the credit and collections industry as a former loan officer, debt collector and manager of two finance companies over several years. Mike is well versed in Loss Mitigation practices and the legal collection process. He has helped literally thousands of people over many years overcome serious financial problems such as foreclosure, creditor lawsuits and abuse by debt collectors. For more information about resolving your "financial emergency" visit www.financialemergency.com. FinancialEmergency.com is a consumer web site which actively promotes Fair Debt Collection Practices and other consumer protection laws. We teach DEBTOR RIGHTS and enforcement of those rights. The more informed you are of your rights and the credit collections practices of creditors the more peace you can have dealing with your FINANCIAL EMERGENCY. Most financial problems are fairly common and as such have some very common solutions. The key is understanding your rights in the collection process and how to enforce them if need be. Primary business- Debtor Rights Advocacy and Debt Mitigation relating to foreclosure, creditor lawsuits, and other serious financial problems. www.financialemergency.com (copy and paste in browser).
Experience
Over 40 years combined experience negotiating disputes and resolving financial issues related to consumer debt, corporate issues and mortgage modifications.
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