Super-aggressive debt collectors are buying years-old debt from lenders for pennies on the dollar, hoping they can badger people into paying up. But be aware that, in some cases, charges in this kind-like phone bills, credit card payments, and medical cost – are not legitimate. You may have paid in full in the past, but record was lost. Or, the debt is in the wrong name, because of divorce, identity theft, or clerical mistake.
Regardless of the circumstances, the collectors may threaten to sue you or damage your credit rating, and it may seem easier or safer to just give them the money. Instead, you should know the facts and stand your ground:
Make them prove it’s really you they’re after. Send a certified letter with a return receipt to the Collection Agency, asking for written evidence that you are the individual who incurred the debt.
Find out whether the statute of limitations on the debt has expired. Contact your attorney general’s office. If the bill is older than what the statute allows for (the usual range is three to ten years), you’re not required to repay it, even if the debt is outstanding.
I’m sure this can help you guys in any ways. Hopefully this post will give you good insights and awareness.
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