10-year old debt from a collection agency (from Capital One Bank)
First I am trying to correct my credit issues by paying cash for my needs, also I don't have any credit cards to use.
I just received a notice from a collection agency for a debt that was defaulted in 2000/2001. The said I need to notify them in 30 days to dispute this claim.
I live in NY and I thought the statue of limitations was 6 years. I am currently unemployed and have no ability.
How would one handle this claim?