need help with removing a default

[araza61]

i had a default from 2004.i just found out few months ago.it was regesterd by aktiv kapita.i had a letter from AK couple of months ago asking me to pay the money.i sent them statute barred letter.last week i had a replay from them admitting that the debt is SB and that they have closed the account and that there shuld be no contact in this regard.the default related to this account will drop in 04/2010.i am woundring if i can ask them to remove the default as they admitted its an SB account.please advice on this thanks

[SL8R]

You could ask them to remove it, pointing out that they have agreed the debt is statuate barred. I suspect they will not do this as they will maintain the debt still exists?

You could always send a copy of the letter to the CRA, asking them to remove it... If the worst comes to the worst, you only have a few months, and it will fall anyway.

[araza61]

thanks SL8R

[twofoot]

You will need to get SAR from the OC to find out when it was first defaulted. It should be off 6 years after the first default. They usually default you you 3 months after you miss a payment.