I received a letter from them offering me a settlement on on 6k debt with "Citibank CC" for $1900 but "I must act before August 31st". Thing is this "debt" isn't LISTED in my credit report! Any advice appreciated.

[justsimple.info]

some collection agencies take over old debt to try to collect..... like you did,, check the credit reports to see if it shows up....., it may not have been reported yet depends on where it came from. How old is the debt?

I know that here in WA state there is a statue of limitation I think its 7 years.... but your state may have a limitations also.

now the debt doesnt go away, just means that I don't have to pay on it.... But if I start to pay on it then that 7 years starts all over again....

so hopefully that helps, or you can ask for the debt to be verified....... depends on how old this debt is and if you know for sure you owe it or not

[Chrys Henderson]

Dispute it. The dispute policies should be on that letter. Send the dispute Certified Mail Return Receipt Requested so you have legal proof because they must validate the alleged debt before they make *any* more moves to collect.