Got a debt collection letter that's 16 years
(Atlanta, GA USA)
I received a collection letter from an account that is over 17 years ago. Is there an age limit on old account> This doesn't show on my credit report. Hasn't the credit card company already write this off as bad debt? The principal on the account is around 1400 and the interest is 2900 I'm out of work right now. What the best way to handle this collection notices?