Mortgage and Insurance

Ok. n00ber here. Lurking for a year. great site . Lots of smarties around …. sooooooooo….

 

 Here’s the deal. I ‘ab’used credit in my early 20′s like candy. I lost my job in ’00. Found one a yr later in 2002 but was so underwater that I stopped paying every creditor by late 2002. Tired of the OL charges Late charges.. never ending battle.  In 2004, Providian (Palisades LLC)  tried to sue me for $7k . I replied to them that I would show up in court (per my lawyer ). I received a letter 2 weeks later that they weren’t going to pursue it HOWEVER “they may follow up with me at a later date and will not just drop the matter”. Late 2008 , providian fell off my CBR.

 

 Over the last year, my score has increased from 473 to 586.  I have been working hard over the last 3 yrs to preserve my credit and am now starting to see the fruits of my fiscal discipline. In 11/2009, Palisades sends me a letter “here is the debt verification that you requested” . Inside were 3 billing cycles statements from late 2002 early 2003. I didn’t request any DV. Weird. So, I blew it off. Thinking it was a bait letter. Within the last week, I have now received a call from Palisades and also received a billing notice to payoff “my debt”.   WTF ??? 

 

 Also, Bankfirst was a creditor that dropped off the CBR in 2006. Now, Palisades send me a 30 day debt collection letter. Another creditor, Orchard Bank,  fell off in mid 2008 and some atty/ firm wants to collect on that. They also sent me a 30 day collection letter.  All letters sent within last 15-20 days.

 

Is it coincedence, is this a new wave or did I set off red flags because my score is improving ?  Also, how would you handle these creeps.  I believe these are all SOL…. just hopin I am not SOL !!!!!!

 

Thank you your time and hopefully response(s).