DH received a collection letter for a very old debt

[Anonymous]

DH just received a collection letter for a very old cell phone debt (probably 10+ years) from his fiscally-irresponsible past. In the fine print, it says, "The law limits how long you can be sued on a debt. Because of the age of your debt, Collection Agency X will not sue you for it and will not report it to any credit reporting agency."

Can we safely just disregard this letter?

[Anonymous]

Yes, disregard.

[Anonymous]

Your husband still owes the money, but the owner of the debt can't use the judicial system to collect it. Whether you can "safely" disregard depends on your moral stance regarding debt.

[Anonymous]

Anonymous wrote:Your husband still owes the money, but the owner of the debt can't use the judicial system to collect it. Whether you can "safely" disregard depends on your moral stance regarding debt.

I don’t think karma really cares if you ignore the debt collector who bought your 10 year old debt for thousands of a penny on the dollar.

[Anonymous]

If you pay anything at all, it “revives” the debt and allows them to sue you to collect it. Unless you’re prepared to pay it all, it’s better to disregard it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Your husband still owes the money, but the owner of the debt can't use the judicial system to collect it. Whether you can "safely" disregard depends on your moral stance regarding debt.

I don’t think karma really cares if you ignore the debt collector who bought your 10 year old debt for thousands of a penny on the dollar.

Karma? If karma was real, we wouldn’t have a deadbeat for a President. Lenders charge interest for a reason. The original owner wrote it off and claimed their tax deduction years ago. Don’t pay and tell the collector to bug off.

[Anonymous]

Anonymous wrote:If you pay anything at all, it “revives” the debt and allows them to sue you to collect it. Unless you’re prepared to pay it all, it’s better to disregard it.

+1 Don’t even admit that the debt was yours because your admission, in any way, will reset the debt clock. That’s probably what the debt collector is hoping for.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Your husband still owes the money, but the owner of the debt can't use the judicial system to collect it. Whether you can "safely" disregard depends on your moral stance regarding debt.

I don’t think karma really cares if you ignore the debt collector who bought your 10 year old debt for thousands of a penny on the dollar.

Can you please buy my bad debt for thousands of pennies on the dollar?

[Anonymous]

Is it legit? There are scams like this.

Is the letter from a collection agency or the cell phone carrier? Does your dh remember if cell phone bills was something he never paid so he could very well have debt?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Your husband still owes the money, but the owner of the debt can't use the judicial system to collect it. Whether you can "safely" disregard depends on your moral stance regarding debt.

I don’t think karma really cares if you ignore the debt collector who bought your 10 year old debt for thousands of a penny on the dollar.

Karma? If karma was real, we wouldn’t have a deadbeat for a President. Lenders charge interest for a reason. The original owner wrote it off and claimed their tax deduction years ago. Don’t pay and tell the collector to bug off.

+1

[Anonymous]

Anonymous wrote:If you pay anything at all, it “revives” the debt and allows them to sue you to collect it. Unless you’re prepared to pay it all, it’s better to disregard it.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you pay anything at all, it “revives” the debt and allows them to sue you to collect it. Unless you’re prepared to pay it all, it’s better to disregard it.

+1 Don’t even admit that the debt was yours because your admission, in any way, will reset the debt clock. That’s probably what the debt collector is hoping for.

+100 a family member made the mistake and regrets it

[Anonymous]

It's a scam, don't pay it, you're not obligated to

[Anonymous]

Anonymous wrote:If you pay anything at all, it “revives” the debt and allows them to sue you to collect it. Unless you’re prepared to pay it all, it’s better to disregard it.

Yes and don't answer calls from this collector, either. Never admit to owing this debt, either verbally or in writing.

[Anonymous]

Can you get sued for these type of bills or credit card bills ? I thought they went to collection agency and the collection agency did it’s best to recoup the money