Posted on: 21st Sep, 2012 12:30 am
I'm thinking about getting an FHA loan. This will be to purchase my first home. I'm worried about is a collections account. The account is from a SunCom wireless account I had in 2007 that I let go because of unemployment. The amount was $567, I got a letter from stating that I owe $1122 in June of last year. I want to pay what I owed SunCom, but there's no way to prove what I owed since they were bought by T Mobile in 2008 and they have no records of the debt. What's the best way to deal with the collections?
Hi Boris,
You should ask the collection agency to validate the debt. Unless they validate it, don't pay them.
Thanks
You should ask the collection agency to validate the debt. Unless they validate it, don't pay them.
Thanks
Welcome Boris,
I agree with what James has said. Moreover, as the debt is quite old now, you should check out the SOL for such debts in your state. If the SOL period is over, then they won't be able to sue you for the debt owed.
I agree with what James has said. Moreover, as the debt is quite old now, you should check out the SOL for such debts in your state. If the SOL period is over, then they won't be able to sue you for the debt owed.