It is Congress we need to go to in order to get this stopped! They are the ones who left the loophole in the law allowing for PRA and others to attempt to "re-age" old crdit beyond the Statute of Limitations. Why would they pass a law that says that there is a SOL of 7 to 10 years, but then allow private companies like PRA to but debts that are past the SOL and use nonstop harassent and intimidation to get people to "confess" to an old debt, only to have it start over from day 1? How much money did these collection companies pay to Congress to have them insert that HUGE loophole into the FCRA?

I have confirmed that they are liars

errrmm ..... Congress did not decide any SoL on debt. The "shot clock" is determined by state and varies according to four categories of debt. Here are some charts and facts to illuminate:

http://www.creditinfocenter.com/rebuild/statuteLimitations.shtml
http://www.cardreport.com/laws/statute-of-limitations.html

Furthermore, the seven year FCRA time limit for reporting of accounts to the credit bureaus has *no* bearing on the ability to collect for them. The sole distinguishing feature of a debt account past SoL is that, when such age is raised as a defense in a creditor lawsuit, a judge cannot help the collector seize assets to satisfy claim. This is partly why early dispute of all debt claims of whatever age is critical. A precious few states have a Staute of Repose or something akin which directly defeats all collection activity past SoL, which would be the only possible exception.

If you want to find a cabal to blame, trace the misbehaving collectors back to the mammoth lenders which hire and quietly bankroll them. This was exposed last summer in a superb debt industry primer, "The Debt Machine", published by the National Consumer Law Center.

www.nclc.org/images/pdf/pr-reports/debt-machine.pdf

http://www.ftc.gov/os/statutes/fdcpajump.shtm
http://www.ftc.gov/os/statutes/fcrajump.shtm

Call from Florida (Right!!//Portfolio Recovery//)...

Another number blocked.....

Boy the amount of money that these people pay for different phone numbers has got to be unreal!!!!!  And the people that they are trying to collect debts from that don't owe them money is amazing.  They have called me from about 10-15 different numbers and I don't owe anyone.