bill from 5 years ago???????
While going thru a refi, my lender told me of a collection posted 10/05 for $157. Upon calling, they told me it was from a bill from SBC (phone svc) from 2001. I have been a customer of SBC for the entire 10 years I lived in this house and I have never owed them more than a months service.
They claim my phone was shut off and SBC didn't properly bill me in 2001 and they bought these debts from SBC. They have never sent me a statement and when I asked why they said they didn't know where to reach me. Um...at the address on the bill may have been a start.
The statue of limitations in IL is 10 years on contracts. So they are technically within their bounds. But would this be a violation of the Fair Debt Collection act or something and how would I go about fixing my credit report as I had no prior knowledge about this debt?
I guess I will protest on my credit report, not that this will get me anywhere as they will not remove it, I 'm guessing.
Any advice would be appreciated.