Sentences with phrase «date of last payment»

If he or she says no, it's best to ask for the date of the last payment and request written proof that the debt they're trying to collect is actually yours.

Upon such cancellation, you shall receive the audiobook content created up to the date of the last payment made, but no monetary refund shall be issued nor shall any further work be undertaken.

When borrowers successfully pay off car loans or mortgages, the information stays on their credit reports for 10 years from the date of the last payment, according to credit - reporting firms.

Further, if the reporting of a collection has not been updated at all for two or more years, paying that collection could drop your score because the date of last payment will become current.

The three - year clock begins ticking on the date of last payment or last charge.

For example, your date of last payment, type of account, account balance and every other bit of information within the listing must be correct.

A creditor will usually charge off a debt if it has been delinquent for 180 days, or six months from the date of the last payment.

What is the date of the last payment with the original creditor?

When the judge grants a Chapter 13 bankruptcy, you must submit your credit counseling certificate to the court by the date of your last payment in the repayment plan or the date the Motion for a Discharge is filed.

Keep in mind that, if you think 7 years have passed, you must be able to prove the date of the last payment.

The FTC also recommends asking the collector for the date of your last payment on the account.

Other important dates to verify are date of last payment, and date of first delinquency.

You or your attorney should tell the judge that the debt is time - barred and, as proof, provide a copy of the verification from the collector or any information you have that shows the date of your last payment.

Most entities that provide student loans take the position that, where a person makes a consumer proposal less than seven years from the date of the end of their education then their student loan indebtedness is unaffected by any potential discharge?which normally takes place on the date of the last payment under the consumer proposal.

The clock for the two years starts ticking from your date of last payment of that debt.

It will even decrease your credit and remains in your report relative to the date of your last payment, unless you can eliminate it by discussing with the creditor.

Since most debt actions are based in contract: 6 years from the date the cause of action arose (date of last payment or written acknowledgment of the debt).

The date of my last payment is nearing 7 years which is the Statute of Limitations in IN.

Therefore, the statutory period runs from the date of default, not the date of last payment.

Contract, open account or credit card account: 3 years from the date of last payment or last charge.

Written contract: 6 years from when it becomes due and payable and the six (6) year period runs from the date of last payment.

NOTE: Payments made toward the obligation toll the statute and the time period will then run from the date of last payment or last charge by the debtor, whichever occurs later.