Should I pay the bill?

RJM Acquisitions LLC
245 Eighth Ave. #272
New York, New York 10011
Send them a debt validation letter and ask them to prove that the SOL has not run out on this!
A template for that letter can be found under the "do it yourself" link on this site!

You MUST read this link!
http://www.budhibbs.com/debtcollectorpages/rjm_acquisitions_llc.htm

If it is your debt then you should pay it. Even with the SoL expired or not I can't imagine them wanting to sue you for 192 dollars.

See what type of settlement that they offer you, after all you do admit that it is your debt, they probably purchased the debt so they probably will settle for a smaller amount.

I have read some pretty bad things about them, what ever you do, do not give them a credit card or a checking account number, tell them that you can only do a money order, that way they are not debiting more than you want them to.

Really it is your choice if you want to pay them or not. I would do the debt validation, they probably won't respond, I would also mention to them that you are aware that the statute of limitations is probably up right? What is it for your state? Arm yourself with this information before you discuss anything with them. Also check your credit report to see when the debt will not be reported again, it should drop off soon.

Remember if you pay a dime, it starts the statute of limitations all over again.

goodluck and ultimately the decision is up to you.

okay..maybe stupid question..
but if you do pay..how can this be over with if you pay after it is already out of sol?
how do you finally put an end to this? And if you research and find bad things as Jos82003 has done ..should you pay anything at all to this company? Or are you just opening up the can of never ending worms?

send the letter, have them prove the debt and that SOL hasn't run out. Do some checking on your end too. This debt is so old it's more of a personal decision at this point. They can't really do anything if you don't.

I think the best advice is to first DV the company. I dealt briefly with RJM and they were a nasty piece of work! You should definitely DV them, since you want to be sure they are entitled to collect and they are trying to collect the correct amount.

If they do not validate, then don????????t sweat it, if this debt is 7 years old it will drop off your credit report soon anyhow. If they continue to try and collect, well, take THEM to court for the violations.

If by some miracle they DO validate (not very likely) just remember that you are holding the royal flush and they have a crappy hand. You can send them a settlement offer, since it is so old and they can????????t even use the credit reporting to strong arm you into paying, offer to settle in full with no credit reporting for like 30% of the original total. Tell them to take it or leave it.

There ain't no way I'd pay them dime one without proper validation on a debt that old! Admittedly, there's not much chance of getting validation on this debt, but that's not your problem. Given the age of this, there's no telling how may times it's been sold and resold, or how corrupt the data may have become along the way.