I received the letter from PRA on 8/14. They are trying to collect the debt from 15 years ago. Same time I'm receving many calls from now which I never answer them. I'm planning to send the SOL Expirty letter. Now I'm in Washington but the state that I opened the account was back in California. Lastly, even on the letter I got from them said The law limits how long you can be sued on a debt and how long a debt can appear on your credit report. Due to the age of this debt, we will not sue you for it or report payment or non-payment of it to a credit buareu. Depending on the laws of your state, certain actions, such as making a payment or promising to pay the debt, may restart the time period for the filling of a lawsuit against you; but even if that were the case, we still will not sue you on this debt. It sounded very nice which I don't believe them at all. Same time three credit buareus are no longer showing on this debt. At this point do you still recommend that I should send out SOL Expirty letter ? Which state do I have to mention in the letter ? WA or CA ? I'm very sure that they are gonna start calling me everyday. I already ignored few calls previously and now they called me one tim this Saturday and Sunday as well. Please let me know your advice ASAP ! Thank you so much for your valuable time.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.