Long ago debt
(Sault Ste Marie, Michigan)
I have a furniture store credit card that went in to collections at least 10 or more years ago for an amount of about $15,000. It was one that was affected by my divorce back in 1998. I haven't been in contact with anyone in regards to this debt. This past spring I received a letter from a collections agency in regards to this debt offering a payout of a much smaller amount. And in the letter was the typical threat of court or garnishment of wages, all that stuff. With this being as old as it is, does it fall within the statute of limitations for them to sue? I live in michigan.