It could be a scam. Tell them to send you it in writing and I think if it’s over a certain number of years, they can’t claim it unless you admit to it., so never admit to owning any debt.
That's really an old con. Someone buys the rights to debts, many ten years or older, for pennies on the dollar (including many discharged in bankruptcy years earlier), and then send threatening letters to the original debtor.
All they need is a small percentage of dumb people to pay, although the debts are not valid or way past any statute of limitation on the debt.
Pull all three credit reports and clean them up. Once those are in hand if a debt collector comes after the debt show them the reports. If they still insist on collecting show them the discharge papers and then go after THEM for doing an illegal tactic.
You can't actually sell debt. Never respond, never claim it.
Lets review the Miranda waring.
You have the right to remain silent. (Shut the fuck up)
Anything you say can and will be used against you in a court of law. (Speak up and you will be spanked beyond belief. SHUT THE FUCK UP!)
You have the right to talk to a lawyer; if you cannot afford one; one will be provided for you. (Speak up and you will be spanked beyond belief. SHUT THE FUCK UP! We will "Allow" others to speak for you. It is a big game and you have no rights if you speak. )
Same basic idea applies to debt sold. You did not enter into an agreement with that third party. If you admit to anything they will have some legal power over you.
Yes. Also the time from a missed bill to collection has been expedited it seems. So how should one respond since you have access to legal knowledge? I’m dealing with two collectors currently.
I did years ago! Have them produce the contract you signed with them, that makes you liable to them for the old debt. They won't be able to come up with one! They buy debts off a ledger sheet for pennies on a dollar and then threaten you with a lawsuit.
Yeah, we just got one of those. The "debt" is over fifteen years old. My engineer husband also has a law degree, so he's having some fun with these a-holes. They sent a threatening letter saying the county sheriff's department can arrest us if we don't pay.
It's been a few years, but they came after me for some ancient debt and I had to hire a lawyer, but the old creditor didn't get a penny because my lawyer knew the law. Being a paralegal, this shouldn't cost you a dime. Just some time writing letters that you already know how to write. It might be fun to let Grok have a go at writing the letters.
They called me a couple years ago for husband's debt from 2002 and threatened to put a lien on our house. I said that's illegal as it was credit card debt that's unsecured. Occasionally, they still beg us for money for a $2000 debt, by mail. Spouses should always keep separate credit cards.
Debts that have been sold were bought. Its the company that bought them that are suing you. Thats the reason debts are bought, they buy it for practically nothing and then try to collect on them. Usually they will take any amount to write it off altogether. I am not sure if it comes back on your credit rating so you might want to check that out.
Don't offer them any money, because that starts the clock on the statute of limitations on the debt again. Don't acknowledge the debt, because they don't have a contract with you for the debt.
Not I though, have a feeling that someone named Lia is being hit. Got a string of text (ignored as scam junk) that were directed at a Lia (no one in house ever named that) and a phone call looking for that Lia. Figured it was a scam OR a debt collector looking to pin this Lia down. Who knows, just insane scams out there now, even an actual debt collector would be seen as one now. heh. This was last week so, some old debt stuff could of been sold en mass out there in the last couple of weeks.
It could be a scam. Tell them to send you it in writing and I think if it’s over a certain number of years, they can’t claim it unless you admit to it., so never admit to owning any debt.
Also demand the provide evidence of the debt
That's really an old con. Someone buys the rights to debts, many ten years or older, for pennies on the dollar (including many discharged in bankruptcy years earlier), and then send threatening letters to the original debtor.
All they need is a small percentage of dumb people to pay, although the debts are not valid or way past any statute of limitation on the debt.
Pull all three credit reports and clean them up. Once those are in hand if a debt collector comes after the debt show them the reports. If they still insist on collecting show them the discharge papers and then go after THEM for doing an illegal tactic.
You can't actually sell debt. Never respond, never claim it.
Lets review the Miranda waring.
You have the right to remain silent. (Shut the fuck up)
Anything you say can and will be used against you in a court of law. (Speak up and you will be spanked beyond belief. SHUT THE FUCK UP!)
You have the right to talk to a lawyer; if you cannot afford one; one will be provided for you. (Speak up and you will be spanked beyond belief. SHUT THE FUCK UP! We will "Allow" others to speak for you. It is a big game and you have no rights if you speak. )
Same basic idea applies to debt sold. You did not enter into an agreement with that third party. If you admit to anything they will have some legal power over you.
Yes. Also the time from a missed bill to collection has been expedited it seems. So how should one respond since you have access to legal knowledge? I’m dealing with two collectors currently.
I did years ago! Have them produce the contract you signed with them, that makes you liable to them for the old debt. They won't be able to come up with one! They buy debts off a ledger sheet for pennies on a dollar and then threaten you with a lawsuit.
Yeah, we just got one of those. The "debt" is over fifteen years old. My engineer husband also has a law degree, so he's having some fun with these a-holes. They sent a threatening letter saying the county sheriff's department can arrest us if we don't pay.
Well shit give us the advice you don't need!!!
It's been a few years, but they came after me for some ancient debt and I had to hire a lawyer, but the old creditor didn't get a penny because my lawyer knew the law. Being a paralegal, this shouldn't cost you a dime. Just some time writing letters that you already know how to write. It might be fun to let Grok have a go at writing the letters.
Absofuckinlutely
Two different hits in two months.
They called me a couple years ago for husband's debt from 2002 and threatened to put a lien on our house. I said that's illegal as it was credit card debt that's unsecured. Occasionally, they still beg us for money for a $2000 debt, by mail. Spouses should always keep separate credit cards.
Debts that have been sold were bought. Its the company that bought them that are suing you. Thats the reason debts are bought, they buy it for practically nothing and then try to collect on them. Usually they will take any amount to write it off altogether. I am not sure if it comes back on your credit rating so you might want to check that out.
Don't offer them any money, because that starts the clock on the statute of limitations on the debt again. Don't acknowledge the debt, because they don't have a contract with you for the debt.
Don’t lender’s terms include the right to transfer the debt, and by accepting the money you accept the terms?
If i settle you debt for pennies in the dollar then i just paid your bill. You have no debt to a generous person you never contracted with.
Not I though, have a feeling that someone named Lia is being hit. Got a string of text (ignored as scam junk) that were directed at a Lia (no one in house ever named that) and a phone call looking for that Lia. Figured it was a scam OR a debt collector looking to pin this Lia down. Who knows, just insane scams out there now, even an actual debt collector would be seen as one now. heh. This was last week so, some old debt stuff could of been sold en mass out there in the last couple of weeks.