16 year old debt

Mar 05, 2011

16 Year-Old Debt
by: debtcollectionanswers.com

You are not obligated to pay a debt that you do not owe. Furthermore, because the debt is so old, the statute of limitations on it has expired. Therefore, even if you do owe the debt and have forgotten about it, the collector cannot sue you for the money although the collector can continue contacting you in an effort to get you to pay up.

Given that you claim the debt is not yours and given that it's such an old debt, I would write the debt collector a cease and desist letter. In your letter, tell the collector that the debt is not yours and that you do not want to be contacted about it again. You are entitled to do this under the federal Fair Credit Reporting Act (FCRA). Make a copy of the letter for your files and send the original letter via certified mail with a return receipt requested to the debt collector. Once the collector receives the letter the FCRA says that he is not entitled to continue communicating with you other than to confirm receipt of your letter. You can read our advice about using a cease and desist letter to stop a debt collector.

If the collector continues to contact you about the debt or threatens you with legal action after he has received your letter, contact a consumer law attorney in your area who helps people resolve problems with debt collectors. Find out how to get FREE or low cost legal advice about debt collection from a consumer law attorney here.

You can read our advice on using a cease and desist letter to stop a debt collector.

16 year old debt

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16 year old debt