Capital One illegally reporting my Credit Card account to credit bureaus

[basudebdey]

I am also not an attorney. But Capital one issue educated me in Consumer laws. My DOLA was Dec 2006 and so Ca statute of limitations has expired and they are in limbo. Called Cap one last month and they admitted. They lost any further right of legal proceeding against me to collect money. I just have to wait 2 more years to get it dropped from my CR.

[bc1969214]

When was your last payment? Not an attorney, but California has 4 year statute of limitations for them to pursue again. Although they say they aren't since it was dismissed without prejudice, they might unless California law is different. Sounds like you're close to getting rid of this and now the credit report removal is next.

[ghostleviathan1]

do you know how finance works?