DiamondDan73

The MOV can only be the mom. If the verify, then you should be able to write them a letter with an ITS if they don't remove the derog.

I had this happen to me and they were very easy to work with. Especially with the mothers help. Should be a GW letter to remove any late payments.

My guess is it was really old and did not have a huge impact on your score. You also probably lost some AAOA.

Do you have anything in writing from the bank asking you not to pay?

Good to know

My wife and I had our chapter 7 BK discharged on 8/31/2015. Our goal was to be better with our credit and buy a home as soon as we can. We have no debt and good income and our scores are above 680. We have the 3.5% to put down on an 450K FHA loan along with 10-15K in reserves. I would like to buy a home as soon as possible. My question is can we start the process now so we can close right after the 2 year mark or do we have to wait until the 2 year mark to start the process?

You would think so, right?

I was contacted by a collection agency a few days ago about past due maintaince fees on my time share. I own the timeshare outright. My yearly MF's are $1,500 per year. My BK was discharged Sept 2015. The collector was requesting $5,000 in past due MF's or he would report it to my credit reports. I haven't received my dunning letter but I want to send a DV letter ASAP. My BK attorney said I was not responsible for any MF's before my BK so I should only owe 2016 MF's which would be $1,500. My question is, should I include the fact that I filed BK and that they are in violation of the FDCPA by attempting to collect on a debt that was discharged in BK or should I send a DV without that info?

If you sent them payments the SOL started all over again. Also, if you sent PRA money, that is the same as you saying the debt is valid. This is going to be a tough one to get out of. Why did BofA say that no one should be collecting on this debt?

Is there anywhere I can look to see what my profile might look like to Syn so I know how much to ask for and how often?

The 7 year reporting is 7 years from your last payment. So if your last payment was April 2009 and you add 7 years, that means the last day it can report is April 2016. So if you do nothing, it should fall off in May. If you dispute it as too old to report it might fall off now.

You might get lucky and get it removed early by distputing it as too old to report. Worst case is it falls off in April.

"Not going to jail"