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If your car was repossessed in 1996 can the loan company put it back on your credit report in 2003?
Wiki User
∙ 8y ago
Call a local attorney for state/case specific advice.
Contact the credit reporting agency
Yes if they are trying to collect what the Upside down difference was from Repo-ing it and auction off price. It should only read that it's a Debt being collected from previous car....
Wiki User
∙ 8y ago
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You co -signed on a mobile home in 1996 The primary person on the account has had some late payments and the loan has been sold to another mortgage company how long is the report to stay on your credi?
This could stay on your credit report for as long as 7 to 10 years if the company continues to report to the credit reporting agency. If they don't it could drop off in 3 years. I work for a used car business and pull credit reports all the time. I have great knowledge in this area.
When will a bankruptcy come off your credit report if the discharge date for your Chapter 7 was September 1996?
The statute of limitations for reporting information about a bankruptcy is ten years from the date it was filed. You did not mention the filing date, so the very late date your bankruptcy should show on your credit report would be September of 2006.
How do you get a 1996 bankruptcy removed from your credit report?
you can't * A bankruptcy remains on a credit report for 10 years from the time of discharge. Credit bureaus should remove the BK when the time limit has expired. Unfortunately all three major bureaus are extremely lax in record keeping and it is usually necessary for the consumer to contact all three with a letter of dispute requesting the entry be expunged. Once they receive the correspondence they will verify if the time limit has expired and then (hopefully) take the appropriate action.
If the River Forest State Bank and Trust Company is still in business?
The bank as such no longer exists but underwent a merger, per the June 30, 1996 Regulatory Report of the State of Illinois Office of Banks and Real Estate. According to the report, "Merger of River Forest State Bank and Trust Company (state-chartered bank), Lincoln National Bank (national banking association) and Commercial National Bank of Chicago (national banking association) with and into Aetna Bank, N.A. (national banking association) with the name CORUS Bank, N.A.
Is it legal to relist a 12 year old debt once it has fallen off of your report?
The Fair Credit Reporting Act states that "...the statute of limitations...shall begin upon...the expiration of the 180-day period beginning on the date of commencement of delinquency which immediately preceeded the collection activity..." It further states that "...paragraph (1) shall apply only to items of information added to the file of a consumer on or after the date that is 455 days after September 30, 1996." Check out this website for more specific information that may help you dispute the reappearance of this item: www.fair-credit-reporting.com/credit-reporting-periods.HTML If they have continued to send a monthly statement, then yes it is legal. If they have not sent a monthly statement write to where your credit report came from and they will remove it. No, it is not legal. As a basic rule, 7 years is the statute of limitations (from the date last of last activity, unless the tradeline is a collection or P&L or repossession, in which case it is 7 years from the date of original delinquincy). Hope this helps!
You co -signed on a mobile home in 1996 The primary person on the account has had some late payments and the loan has been sold to another mortgage company how long is the report to stay on your credi?
This could stay on your credit report for as long as 7 to 10 years if the company continues to report to the credit reporting agency. If they don't it could drop off in 3 years. I work for a used car business and pull credit reports all the time. I have great knowledge in this area.
When will a bankruptcy come off your credit report if the discharge date for your Chapter 7 was September 1996?
The statute of limitations for reporting information about a bankruptcy is ten years from the date it was filed. You did not mention the filing date, so the very late date your bankruptcy should show on your credit report would be September of 2006.
When was Drudge Report created?
Drudge Report was created in 1996.
You had a voluntary repossession in 1996 and a charge off still remains on your credit report and now you get a letter from an collection agency?
The bottom line is that if you owe money from your past, you should pay it. Some one took a loss that you caused and that is bad karma. Negative credit should disappear from the credit report after 7 years but I've seen some that remain much longer. Do the right thing and pay the creditor.
What are the release dates for Special Report Journey to Mars - 1996 TV?
Special Report Journey to Mars - 1996 TV was released on: USA: 25 March 1996
When was National Sports Report created?
National Sports Report was created in 1996.
What are the release dates for Moesha - 1996 Credit Card 2-2?
Moesha - 1996 Credit Card 2-2 was released on: USA: 3 September 1996
What are the release dates for Good Company - 1996?
Good Company - 1996 was released on: USA: 3 March 1996
When was The State of Mind Report created?
The State of Mind Report was created on 1996-01-22.
What do you do if you filed bankruptcy 2 years ago on a 1996 Ford pick up and the bank still hasn't repossessed the vehicle?
Ask your B/K attorney for state specific advice. I usually reccommend you call a local towing company to tow it away.
How do you get a 1996 bankruptcy removed from your credit report?
you can't * A bankruptcy remains on a credit report for 10 years from the time of discharge. Credit bureaus should remove the BK when the time limit has expired. Unfortunately all three major bureaus are extremely lax in record keeping and it is usually necessary for the consumer to contact all three with a letter of dispute requesting the entry be expunged. Once they receive the correspondence they will verify if the time limit has expired and then (hopefully) take the appropriate action.
When was Quiet Girl with a Credit Card created?
Quiet Girl with a Credit Card was created in 1996.
