Will I Reset the SOL by Talking to the Debt Collector?
Dear Melissa, We recently received a phone call from a gentleman stating he was calling about a debt. The message was incomplete, and his number was cut off. I hit my redial and called the main number back. I was asked if I was the household member responsible for the finances, and I answered yes. I was then forwarded to an agent that was semi-polite; you could hear the disbelief in her voice. She started out by asking if I was Sonny, and I stated no, that it was my husband. She then asked if his last four of his social was XXX, which I confirmed. She then told me that she was calling about an account from HSBC and that the balance was $7,000.00. I told her we had not such credit card limit and that we did not qualify for that amount. Next she told me that the charge off was actually $3500.00 I again told her we still have never qualified for a credit limit with that amount. She then stated that it could be something other then a credit card. I told here that everything else we have is in both our names and is current. She then said to hold for a minute, that she would pull his credit report to try to match the debt. She said that there was an HSBC listed on this credit report with a limit of $1,000, that this had to be the account and that the additional amount was interest that was still accruing on the account. If it was charged off at $3500.00, how can it still be accruing interest? The account is closed she stated and is still accruing interest. I asked how and she stated that most people when they enter into agreements don’t read the small print. I told her that before I could concur that this was our debt, I would need to speak to my husband, she asked if I could call her back I stated yes.
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