I have received numerous mailers as well as phone calls from SHAMCO (that's CAMCO), which claims I owe more than $3k on a BofA account that dates back to 1997, according to the CAMCO rep I spoke with today. The CAMCO rep said the BofA charge was sold in 1997 to Fourscore Resource Capital and then CAMCO acquired the account in July. I was shocked to read of a similar account posted by Dave of Manteca, CA (Thanks, Dave). Moreover, I purchased a home in July and refinanced it in July and there was never anything on my report about a deliquent BofA account for $3k.
I also read in these postings that the Statute of Limitations in California is 4 years. I'm hoping someone can provide me a link or perhaps a PDF of the statute for my records. I can't seem to find anything on the Web, anything that is free.
Any help is greatly appreciated, and thanks again for the information. Every post on this Web site has been an amazing read but, more importantly, invaluable information and potential evidence against CAMCO and not just for me but for other people who have yet to be victimized by these scam artists. If there's a Class Action lawsuit in the works, let me know.
Now will someone please spin the karma wheel; CAMCO deserves to go down!
Best regards,
Burned - Napa, CA
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