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<blockquote data-quote="bonesninja" data-source="post: 4613645" data-attributes="member: 557079">So about 10 years ago i bought a piece of crap car from a local Ford dealer....literally 1 day after my warranty ran out, the transmission went out. I wasn&#039;t in a financially stable situation at the time and long story short...i lost my job with no ride to get there and they repo&#039;d the broke down car. It sold at auction for 1500 and left me with $8700 balance on the loan. In Ohio the satute of limitations for a written contract item is 15 years.So this has been plaguing my otherwise spotless credit report. Well, after some advice from a friend i decided to dispute the item on my report. The company had sold my debt 18 times since the repo and God knows who holds the note now but after 30 days of no response it was removed from my credit report.Heres the twist, a company came forward 10 days after the 30 period and claims they hold the note. So i filed a Proof of Debt claim which they could not produce proof so i took them to court so they could no longer report the debt. Anyways, the court made a decision in my favor since the company could not produce valid paperwork showing i owed them anything.Anyways the real victory for me is my credit score goes up 100 points overnight.....FTW</blockquote>

[QUOTE="bonesninja, post: 4613645, member: 557079"] So about 10 years ago i bought a piece of crap car from a local Ford dealer....literally 1 day after my warranty ran out, the transmission went out. I wasn't in a financially stable situation at the time and long story short...i lost my job with no ride to get there and they repo'd the broke down car. It sold at auction for 1500 and left me with $8700 balance on the loan. In Ohio the satute of limitations for a written contract item is 15 years. So this has been plaguing my otherwise spotless credit report. Well, after some advice from a friend i decided to dispute the item on my report. The company had sold my debt 18 times since the repo and God knows who holds the note now but after 30 days of no response it was removed from my credit report. Heres the twist, a company came forward 10 days after the 30 period and claims they hold the note. So i filed a Proof of Debt claim which they could not produce proof so i took them to court so they could no longer report the debt. Anyways, the court made a decision in my favor since the company could not produce valid paperwork showing i owed them anything. Anyways the real victory for me is my credit score goes up 100 points overnight.....FTW [/QUOTE]

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