My boat was foreclosed on. The original seller was

My boat was foreclosed on. The original seller was corrupt and had put in a stolen motor. Falsified paperwork. The debt was "written Off" by note holder but subsequently sold to a debt collector who is trying to recoup this money. On my credit report it states "Account Closed" Debtor Disputes Claim. What are my rights now?

1 Answers

The credit report is reporting correctly.  Was your debt written off, charged off or foreclosed on due to non payment?  THere is a lot of info missing.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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