Collection Agency Calling on 10 year Old Debt Past the SOL in California and Kentucky
in 2001 i lived in California and had a small credit card. i was hurt on the job and unable to pay. Today 1/09/2012 i live in Kentucky and a collection agency just contacted me.
Do they have to go by California law since that's where the debt came from. or since i live in Kentucky, does that change the whole process?
I lived in California 2001 had small credit card hurt on job unable to pay 10 years later collector me in Kentucky what can I do?
—kelly
Short answer
This is what gets called zombie debt: an account outside the statute of limitations for anyone to sue you over it, and old enough that it should no longer be showing on your credit report at all. With a 4 year limit on open accounts in California and 5 years in Kentucky, a lawsuit is unlikely.
Key points on this page
- Zombie debt is a debt the owner can no longer take to court, and that should have aged off your report as a charge off or collection.
- You can unknowingly reset the statute of limitations by admitting to the debt, or by making a partial payment.
- On open accounts such as credit cards, the statute of limitations is 4 years in California and 5 years in Kentucky. A move between states can pause the tolling.
- Caution: if you are not certain the debt is past the statute of limitations, a cease communication letter leaves the collector no way to proceed except by suing you. Consider other ways to resolve the debt first.
- To stop contact on a debt you know is time barred, send a letter stating that you dispute the debt and demand the collector cease communicating with you in any way. Send it certified mail with return receipt and keep the green card.
- If the same agency keeps contacting you after that, speak with an attorney experienced in collection violations. Many take these cases on contingency and are paid by the other side. Also check that the account left your credit report 7.5 years after the date of last payment.
The debt collector is trying to get you to pay what is likely a “zombie debt“. Zombie debt refers to a debt that is outside the statute of limitations (SOL) where the debt owner can access the courts and sue you in order to collect, and the fact that after 10 years, the account should not be appearing on your credit report as a charge off or collection. The debt is essentially the walking dead.
There are instances where you can unknowingly reset the SOL on a debt by admitting to the debt or making a partial payment.
There are also instances where the tolling on the SOL is paused due to the move you mention you made. With the SOL of 4 years on open accounts (credit cards) in California, and 5 years Kentucky, I find it unlikely the SOL can be established as still an active concern, and I doubt you will be sued. If you were sued, I would encourage you to connect with a consumer law attorney and discuss the situation at that time. In fact, I want you to be aware of a few things that may lead to you contacting an attorney with debt collection violation experience.
Debt collectors should follow up phone calls with a collection letter.
This collection letter will give you the address you need for the agency in order to send them a cease communication letter. It does not have to be a fancy or long letter. Just be sure it states that you dispute the debt and you demand that the collector cease communicating with you in any way. This means this particular collector should not be attempting to contact you again. Be sure to send the letter certified mail return receipt in order to get the green card back that proves the collection firm received it. If collection attempts by the same collection agency continue after that, you should connect with an attorney with collection violation experience and discuss how he or she may be able to assist you. Many attorneys with experience in this area of law will not charge you a retainer or request any fees from you if they represent you in this situation. They work your case on contingency, where if they are to be paid, it will be by the other side.
If you continue to receive calls on this debt by this, or any other collector, I would encourage you to reach out to an attorney. I can help you locate one if you post the name of a large nearby city.
I encourage you to check your credit reports if you have not done so recently and be certain that this negative account has been removed after 7.5 years has elapsed since the date of last activity (last payment). Any collection agency reporting related to the account should no longer remain on your report either, but collection accounts do often reflect a more recent and therefore inaccurate date of last activity.
Sending debt collectors a cease communication letter if the SOL has not expired.
Anyone reading this who is not certain that the debt is outside the SOL for legitimate collection efforts using the courts, who sends the cease communication letter in an attempt to stop collection calls and letters, will be leaving the collector no alternative to communicate unless they want to proceed with collection by suing you. There may be better methods for resolving the debt you should consider instead.
Any reader with questions or concerns regarding debt collection and the statute of limitations can post them in a comment below for feedback.
About Michael BoveeMichael started CRN in 2004 with a mission to provide people in need with detailed debt and credit help and education. Michael has participated as an expert panelist in federal consumer protection rule making, collaborated on state law changes governing debt consolidation, has worked as an expert witness in court matters related to the debt relief industry. He is available to speak with you about your financial struggle and helps people resolve their debt problems daily.
Hey…I just found out that Sprint has filed a lawsuit against me. I haven’t had service with them since 2006! When I switched carrier’s I thought it was a one year contract. I just found out that it was a two year contract. I have never been contacted from Sprint before. What do I need to do?
When was the lawsuit filed?
What state do you live in?
What is the name of the plaintiff suing (should be a debt buying company)?
My wife was called by a collection agency about a debt past the SOL here in Texas. Not knowing any better I think she verbally acknowledged the Southwestern Bell debt on the phone, does that reset the SOL or does the acknowledgement have to be in writing?
Verbal acknowledgement of a debt in Texas would not typically reset the SOL to legitimately use the courts to collect. Written acknowledgment can reset the SOL in TX.
Good deal, thank you brotha!!!!!
How do I stop an 11 year old credit from currently trying to go onto my credit?
I live in Florida, and brighthouse networks is trying to place an 11 year old debt back onto my credit. Is this legal? I am sure it is out of SOL. How do I stop them from doing this?
If it was on my credit 11 years ago, it would have fallen off by now.
I am not paying this, and I want to know how to wnd this mess.
Please help! Thanks!
Read the original reader question and my feedback at the top of this page (I moved your comment to this page from where you entered it).
Most derogatory credit entries are going to drop from your credit reports after 7 and one half years, and cannot legitimately go back on them.
Have you checked your credit reports?
Yes, I checked all 3 reports this morning and there is no sign of said debt.
My issue is that they are basically telling me that they want something showing proof of my address from 11 years ago to drop this debt from my account. I have an issue with that. From the looks of it, it was never on my credit to begin with. But NOW they are saying that it “may” go onto my credit report.
How is that possible???
I have an account with them now that I will be closing very soon within the next two months. It has never been late, and it current. Is it possible that they are trying to attach this 11 year old debt with my current account once I close it WITHOUT the proper documentation?????
I want to know how to avoid this going on my credit at all even if it is 11 years old.
Thanks so much
Your present account confuses this a bit for me. And the threat of doing something that they cannot (place something too old on your credit report) is likely a violation of fair debt collection laws.
Post the name of a larger city near you in Florida and I can email you some contact information to experienced fair debt lawyers in the area you can talk to for free.
It confuses me also.
I asked them why wasn’t this brought up two years ago when I opened up my new services, and no one had an answer. All he told me was that it was a charge off that they now want me to pay.
I had them remove it from my current bill back to whatever or wherever they found it and pulled it from….however, that is when he proceed to tell me that it could possibly end up on my credit.
He is asking for something to show documentation to clear up the old debt. I have informed him time and time again, that I do not.
He is saying that the collections dept. is unable to clear my account . Again, this is from 11 years ago.
I am tempted to tell them to close my account now.
Would it help if I send a cease communication letter?
I live in Tampa, Fl.
I greatly appreciate your help.
I would not do that if it were me. I would wait the couple months until my current account closes, and the final close out bill paid, before deciding my next move.
Michael,
I just got 2 collection letters in the mail from 2 different accounts and collectors.
I looked at the original accounts they say they are for but do not see any in collections or any account of them on my credit report from free credit report.com.
I am pretty sure It has been more than 7 years since anything has been paid on them. I have been at my current job for 9 and do not remember making any payments to either since I have been here.
Thanks
Ben
It is not unusual to get collection notices in the mail, or collection phone calls, for debts that are this old. Debts do not go away per say, but after your state statute (SOL) that limits how long you can be legitimately sued, and after the limits for derogatory credit reporting are met (7.5 years in most instances), the debt is not really all that collectable (unless a judgment).
If it were me, and I was sure it had been more than 7 and one half years since I paid, and was certain my state SOL for being sued had passed too, I would send the debt collectors a cease communication letter using certified mail return receipt. This should prevent them sending any other letters or calling you to collect.
If these accounts change hands again you could get another collection letter, which you could then repeat the process.
Thank You, Do you know of anyway I can check to be sure of when I might have last made a payment? Being that I do not see anything on credit report it is hard to say when I might have made last payment and I am pretty sure it has been at least 8 years
Also I live in GA and I think the SOL is 7 years but I am not sure.
SOL for legitimate credit card collection lawsuits in Georgia is 6 years.
Old bank records are something many of us toss out. If you have any stored, look those over. You can sometimes pay for older records with some banks.
You can try calling the original creditor to confirm when they sold or charged off the debt.
You can request the information form the debt collector too, but those requests are often treated as disputes.
Who are the two debt collectors in question?
One of them is Ge money bank/lenscrafters which is now owned by LVNV. I do not remember the collection agency who has it now. and the other original is HBC I think which was best buy and is now with Hsbc or this maybe backwards. Hope this makes sense. I will try to get you exact info when I get home later this evening.
Let me know what you dig up. LVNV is not all that difficult to get information from.
I hope you can offer me some reassurance. Yesterday I received a call from some type of agency telling me that someone is during me and I need to call a certain number to speak with someone about a debt. I called the number given that it was for a company called LTS group. The woman told me that I owed money from an old Verizon bill back in 2003. She threatened legal action and to report this negatively to my credit. Being that I was at work I became very flustered and asked what I could do she offered to settle the debt if I paid right now for half of what it was. Let me also say that I thought this was legitimate as she had my birth date, last 4 of my SS and my current address. I paid with a credit card and called it a day. When I got off of work about 15 minutes later I realize something seemed very fishy so I called Verizon. The CS rep said there was no record of the debt and what happens as once the SOL passes (I’m in NY so that’s 6 years, making it 2009 for me) they sell it to another company. He also informed me that what they told me it was illegal as they could not take legal action against me. He recommended me to call them and get my money back if I could. I called my credit card company right away and canceled the card. It was already put through. I called LTS group back and demanded my money back as they are liars and can not sue me nor legally do anything including report it to my credit report as its been over 12 years. The woman was very nasty and said that I misunderstood her. In the end she claims that I was breaking the contract that we agreed on with me paying that fee and that I owe the full amount. I said send me the court papers and hung up. My question is this by agreeing originally to pay that fee but then declining it and wanting my money back that I reset the debt time limit? This worries me. Even though they fully lied when I was on the phone with them about taking me to court and reporting a negative action on my credit report. Any info on this is appreciated. Side note when I called back the second time I screamed and yelled about them being a scam and the woman got very nasty again but had nothing to say to me about it. I did notice today that I was credited payment. If you could offer any advice, I’d appreciate it.
You did the right thing notifying your credit card bank about this and getting the charges reversed.
I would encourage you to follow all of the tips and advice I give about dealing with fakes and scam debt collectors. Like I suggest in that article, make notes about the dates, times of day, phone numbers that called you or that you called, names of people you spoke to etc. Follow the advice with the CFPB complaint, and I would also recommend contacting a debt collection violations attorney too. I can help you locate one and send contact info to you via email if I knew the name of a nearby larger city?
Thank you so much. I live in Queens, NYC.
Today, I saw that the charges on my card were actually changed to pending. I submitted a dispute and fraud claim to my CC company as well as submitted a complaint to the FTC and the CFPB.
My question is did I restart the SOL by paying toward it even though I’m looking to cancel it out? It’s been ineligible for judicial collections or negative credit impact since 2010. This was the first I have ever heard of it.
I sent you an email with contact details to 3 different experienced debt collection consumer law attorneys. Call one of them for a no cost consult about their impression of whether your rights covered by New York state law, or the FDCPA, have been violated.
Generally speaking, making payments on a debt can reage the SOL to legitimately sue. But being coerced and threatened into making a payment can make all the difference in the world. But get that feedback from one of those attorneys.
Please let me know what the result of your CFPB complaint is.
I noticed on my credit report that Midland credit purchased a debt that passed the California SOL. It’s a 9/2010 debt. They can’t sue me so will it come off my credit report in 2017? I have not acknowledge the debt to Midland.
When you say it is a 9/2010 debt, is that about when you first missed payments to the original creditor? If so, and because Midland Credit (and the original creditor) could stay on your credit reports into early 2018.
Good Afternoon Mr. Bovee,
I hope you can direct me in the right direction… I just notices a phone number calling my work phone every 10 min.. So I called it and it was for a “Midland Credit Managment” in San Diego, CA.
I spoke to a women “Kelly” who immediately threatened to sue me if I didn’t pay my debit. I asked her what the debit was for and she said it was for a unpaid balance from 2004 Dell, Inc. of $ 1,388.00 but now with interest it’s $2,8k!!
I told the women I NEVER had a Dell, Inc. account. Only Dell computer I ever had was from my parents who bought and paid for it in full back in 1997-1998.
I then asked her to fax/email me all the info and she said in the state in CA its illegal to do that and I corrected her and told her it was not. But requested for her to mail me the documentation to see what the heck was going on.
I asked her why was I being contacted NOW and not back in 2004? Its been 11 years! And she became silent once I asked the question TWICE. So I was polite and told her to have a good afternoon as hung up on the call.
I have no idea why I have a Dell, Inc. under my name. My wallet was stolen way back in 2001 but I was able to cancel credit cards and get a new CA ID.
SOrry for the long winded message… Isn’t there a SOL after 7 years in CA??? I know I never opened a Dell account ever. The women said I had to go to my local police department to file a police report of proof that the Dell, Inc. account wasn’t mine so I can dispute this debt or get an affidavit stating the debt is not mine and my identity was stolen.
I am just scared out of my mind about being sued for something that is not mine. ANY advice would be greatly appreciated!
All My Blessings to you. Thank you in advance.
I would not worry overly much about the debt collector in your situation. You can quickly put them in check on a debt that is not yours; is passed the 4 year SOL to sue, etc.
I would be immediately worried about identity theft and any damage that could still linger from that.
When is the last time you looked at your credit reports?
I just received 2 out of the 3 companies reports last week and I have them with me and there is nothing unusual at all. Dell or the MCM are not on these 2 reports. I am just waiting for transamerica’s report sometime in the next few weeks.
Continue to check for anything else you do not recognize regularly.
As far as Midland trying to collect an account you do not recognize, you could send a debt validation request letter. If you do that, be sure to send your request via certified mail return receipt requested. Keep a copy of the letter you sent, and the green return card you get back in your files.
Given the nature of the debt (not yours and/or passed the SOL to sue), and were it me, I would sen the collection agency a cease communication letter so that I would not have to hear from them again at all. Midland is not much of a reseller of collection accounts, so the debt may just end right there.
I was contacted by Diaz and Associates claiming they were going to serve me papers for a debt that I did not know existed. It was an overdrafted bank account closing rom 2007.
I checked my credit report and it has been removed from my credit report already and it is well passed Mississippi’s statute of limitations. Should I send them a cease and desist letter?
Given the circumstances you shared, it is what I would do. Have you have any trouble opening bank accounts since 2007?
Hi, I was just contacted by a collections agency for a debt that was last made in 2003 by sprint cellphone. I was told that I was being sued for $1062.00. I check my credit report every month and there’s nothing about sprint. I live in California. I thought after 7 years it doesn’t matter? Now they are suing me for this? How will i get rid of them from calling me?
It sounds like you are being contacted by a debt collection scam. Read the tips I give in that article for some options.
I just received a phone call from a “Risk Management” Company stating that I am about to be served at my place of employment for a law suit from a Discover debt that is nearly 13 years old (last payment in or before 2001).
I mentioned that I do not recall the debt they speak to which they responded that I will be receiving an itemized listing of charges made.
This far beyond the statutue of limitations, how can they take me to court? I am currently in Oregon 97330.
It is highly likely this is a scam debt collector. I would encourage you to read that link for suggestions on what to do from here.
My wife just received bill from firm that’s she owe debt more then 10 years ago. It’s not showing on her credit report. My question please can they sue my wife for this debt after all this years. Also can this debt will show on her credit report again. I didn’t contact this firm or call them to tell them under FL state limited they shouldn’t send us anything about this debt. But should i call or send them a letter or just ignore them. Thanks
You could send them a cease communication letter certified mail return receipt, or ignore it all together. But first, who is the debt collection agency calling?
asset recovery solutions.
So this debt can’t go back on the credit reports due to time over 10 years
Neither the creditor, nor Asset Recovery Solutions, should appear on her credit reports for a debt this old. And she should not be sued for collection for something this old either. If they were to sue, which I highly doubt will happen, the process for dealing with that would be fairly simple.
Hi,
I have a debt that I have been paying a collection company for years on and have barely made a dent. The monthly bill now states something like this – due to the age of this debt, we will not sue you or report this to the credit bureaus . It is $19k. I don’t even know who the original creditor was – they list another collection company they obtained it from. All the old debt is off my credit report and I lost all old documentation in a flood over a year ago. I live in GA and probably first went delinquent on the CC in 2004-2005. Just wondering what I should do? Continue paying the $60 a month I have paid over the last few years? Don’t pay, etc?
I can offer better feedback with some additional details from you. Who is collecting now? Who was the debt collector they obtained the account from? When did you start paying the 60 dollars a month?
Last online bank statement I have was March of 2014 – I think I have been paying it since 2013 though. I am paying to MCM and Maryland Nat’l Bank is listed as the prior – maybe not a collection agency like i thought.
What was the beginning balance and what is owed as of today?
Is your goal to resolve the debt? If you stop paying, it is highly likely you could negotiate a lower lump sum pay off with Midland Credit. Can you pull together a good cash offer quickly, or will it take you some time?
I believe the balance of that card was $8500-$9000; maybe $10k at the most? My goal is to resolve it. We are in the process of selling our home which will net us some money. This is the last debt we have. That will be my only hope of getting together enough cash to settle it. I am unsure of how low to start on that offer as well? I would hope that only paying $50 to $65 over the last 2 years will show I am cash poor!
Check out the tips and tools for negotiating a settlement with Midland Credit. The comments on that page run deep.
Most of the better settlements I see are when payments are not up to date. If you fell behind with those, I would target 30 to 40 percent of that days balance.
I will do that. Thank you SO very much!
I canceled a cell phone contract in NC (where I still live) in 2007 (or maybe late 2006). I did not pay the final bill with the cancellation fee. This item is not on my credit report at all.
I recently received a collection notice on this bill and want to avoid it showing up on my report as I have just gotten all the negative items off/aged out and want to keep my good score.
Should I ignore the notice, ask them to cease communication, or what? The amount is not significant, but not cheap ($250) and just don’t want it to show up on my credit report. Any help is appreciated.
Thanks,
Brian
If it were me, I would send a cease communication letter (certified mail return receipt). I prefer being proactive. Ignoring the collection notices is not a big deal, at least for most, unless or until collection calls start in. Many will find those inconvenient, and then decide to send a letter to the collection agency.
Hi, I’ve just been made aware of a $80 Sprint phone bill I failed to pay in California back in 2001. R&J acquired the debt somehow and is now calling me. The person I spoke to said the debt was charged off in 2009, and if I don’t pay it they will start litigation for $614. Let me add that I never made a single payment, or responded to any previous correspondence in regards to this debt. I’m a correct in thinking that I can ignore this collection attempt?
Thanks in advance, Mikey
Based on what you shared, you could ignore it if you like.
You could be proactive too. Sending a cease communication letter (use certified mail return receipt requested through USPS). If that collector contacts you after that, post an update and lets go from there.
You could also contact an experienced FDCPA attorney to pursue collection violations for being threatened with a lawsuit where one is not likely to be file. Many consumer law attorneys that focus in this area of law take these kinds of files at no cost to you. I can send you contact details to some that offer no cost consults if you like? Are you in California still?
Thank you for the speedy response. Yes, I’m still in CA and have never lived anywhere else 🙂 I found this article which eerily sounds very much like my situation, as I’m in the midst of a home refinance. Darn debt vultures!
https://veritasnews.com/r-j-consulting-another-scam-debt-collector/
Call and consult with the attorney in California I sent you contact information to. Let me know how that goes.
Hi Michael! Wow, this thread is long-standing, and incredibly helpful and relevant. I have a VERY old debt from a credit card from 2000- it’s been passed through the hands of several collectors, but still shows on my credit report as “last deliquency 2013” which is utter hogwash. I DID call them to tell them my latest address and phone number (they’ve been phone-stalking my step-mother for 15 years): would that reset the clock? If I send them the cease communication request, are they forced to drop my account and take the info off my credit report? Thanks in advance for your advice. You’ve been incredibly helpful.
The cease communication letter you send certified mail return receipt generally has no impact on credit reporting. It is designed to protect you from any additional contact from the collection agency. Phone calls and collection notices should stop, but credit reporting on this old account may persist.
You can dispute the entry on the credit reports with the credit bureaus as too old to appear. If that does not take care of it, post an update and lets go from there.
What is the name of the debt collector calling and showing up on your credit reports?
Looks like the same as the previous woman- Portfolio Recovery.
What can I do about a collector illegally reporting ancient debt? I am so incredibly frustrated. I want to buy a house in the next few years.
I would skip filing a dispute with the credit bureaus as a first step, and file a credit reporting complaint with the CFPB. That should get this off of your reports.
I would still send Portfolio Recovery a cease communication letter certified mail return receipt. If you, or anyone you know, gets calls after you know they got your letter, post an update and lets go from there.
Hello. I am living in PA and have been here on & off for most of my life. Most currently I have lived here for the past 8 years. Many years ago (from 1998-2001) I had a bit of credit trouble: Delinquent credit cards & auto repo. Everything has been either paid off or has dropped off my credit after enduring the 7.5 year hit. My credit is thankfully very good at this point and I work hard at keeping it so and being responsible.
I received a call today from a collection agency (Portfolio Recovery) about a Capital One credit card that has been closed by grantor/ inactive/off my report for many years, but seemingly still has a balance of over $1000. This has to be finance charges on top of the (roughly $400) balance from circa 1999 because I know it never had that high of a limit. I also know that I never settled this account; I endured the hit on my credit for over 7 years and it eventually fell away. My credit has been clear for at least 8 years.
What to do about this agency calling me? Do I have to do anything, pay anything or even talk with them? I politely refused to engage with them on the phone today and was able to obtain the website and a password to go in and look at the account from the representitive. I haven’t looked yet because I don’t want to do anything that would claim this debt after so long. I certainly don’t want to harm my credit, but I feel like 16 years later is a stretch to keep coming after me. What should I do?
Portfolio Recovery should have long ago given up on collecting this old of an account.
No, you do not have to do anything at this point if you choose not to. But if it were me, and I was dealing with a debt collector on an account so old, I would send them a cease communication request in writing via certified mail return receipt. PRA should honor it by not making any additional collection calls to you. If Portfolio Recovery Group does call after you know they got your notice (hence the certified return receipt), post an update about it and lets go from there.
Thank you, Michael, for your quick response. I will do as you suggest and hopefully it will be enough.
Hello. I live in florida I stopped paying my credit cards in 2009. I became a homeless at the same time so I have not had comunication with the creditor since 2009, now I am trying to start a new life. I checked my credit report and there is not judgement. The same in my county clerk. Is it posible for them to toll the SOL because they were not able to comunicate with me due to my homeless status? Thanks
SOL tolling would not likely be triggered by your not having a steady address.
It also sounds like you do not have long for the collections to simply age of your credit reports.
Thanks you this is a great site
Thank you so much for taking the time to answer me in these busy christmas days, you have given me peace of mind, than you again.
Hello,
I just received a letter from First Step Group LLC saying that they purchase my debt from CACH, LLC. The original creditor was Bank of America, and the amount owed at the time I stopped paying was around 3000, now they are asking for over 11,000! This debt is more than 7 years old and the statute of limitations has expired. The letter says “the law limits how Long can you be sued on a debt. Because of the age of your debt, CACH will not sue you for it, and CACH will not report it to any credit reporting agency. But on the reverse says that “unless you within 30 days after receipt of this notice, dispute the validity of this debt, the debt will be assumed to be valid by us. If you notify us in writing that this debt is disputed, we will obtain verification of the debt or a copy of the judgement against you and such verification will be mailed to you by
Due to an illness, I’m unable to pay this, and I want to know what would happen if I don’t respond to this letter? Would that restart the clock on the debt?
Any help is very much appreciated, thanks.
Yours is a BofA zombie debt now owned by Cach LLC. Cach can do nothing to collect from you, other than what amounts to begging you to pay. If it were me in your shoes, I would tell them to keep begging for payment they have inflated by nearly 300 percent, but silently.
What I mean to say is, you cannot be sued; the debt cannot show up on your credit report; there is nothing for Cach to do to coerce you to pay. If you write back and demand they cease communicating with you, they must. If they do make continued collection efforts after you send your written letter demanding they stop (send certified mail return receipt requested), post an update and I can help you take them to task for violating your rights.
Not responding to the collection notice on this really old debt will not result in a restarted clock to sue in court, or to report on your credit. Not responding just means you might hear from them, or some other debt collector, in the future.
I just received a collection notice from a company named TOTAL CARD INC. out of Soiux Falls,SD it states that they represent PINNACLE CREDIT SERVICES, LLC and they puchased a circuit city credit card debt from 2004. I was in a bad motorcyle accident an lost everything. I acquired the debt and have always lived in California and since re built my life and am doing well with great credit and a good job. They say I owe $772 but will settle for $145 if I pay now. It also says right in the bottom of the notice :
Because of the age of the debt, pinnacle LLC will not sue you for it and will not report it to any credit reporting agency.
So what do I do? I appreciate any info and help.
You could pay the debt (settle for less with Total Card Inc) if you feel an obligation to do so. You could also ignore this collection attempt on really old debt, or even send them a written request to cease call communication with you, as you are well passed the SOL in California to be legitimately sued for the debt.
What are you inclined to do?
Thank you. Convergent called my number but didn’t leave a message. So, l am waiting for written communication to send out my certified letter. I will let you know if I need further assistance with the FDCPA.