Legal Question in Credit and Debt Law in Florida
I have an old credit card debt (last payment about 8 years ago) and a collection agency is beginning to call and try to get me to make payments or give them a lump sum amount. I just checked my credit report earlier this year and this debt was not on it. Supposedly, I owe about 4k (with interest). Should I make payments, or would it be better not to? I do not want this to ruin my credit score. I was a Louisiana resident at the time the debt was made (a mastercard) and am now a Florida resident. I do not even remember this credit card account. I was thinking that it was my ex-husbands (we were still legally married in 2004), but the collector says that the account only has my name on it. What should I do? Thanks in advance!
3 Answers from Attorneys
The Statute of Limitations has run on this account and they cannot bring a valid legal claim.
They are violationg the law. See www.ConsumerLawyerHelp.com for assistance.
DO NOT make a payment. If you do, the time will begin to toll again. Contracts expire after 5 years - verbal after 4. Obviously they did not file in time to get a judgment and now if they can persuade you to make a payment - you will be on the hook.