I forgot to mention this debt is in collection , this is way past due . 8 yrs ago?

Question

I forgot to mention this debt is in collection , this is way past due . 8 yrs ago?

Answer 1

The Statute of Limitations (SOL), the timeframe to bring lawsuit, varies from state to state.  Check here for the SOL in your state:  http://www.bcsalliance.com/statute_of_li...  Typically the SOL starts from the last activity or last payment.  Payment restarts the SOL.  In some states, even acknowledging the debt can restart the SOL.

If you haven't made a payment in 8 years, the debt is very likely past the SOL.  If collection agency is bugging you, send them a certified, return receipt letter telling them to cease and desist all contact as the debt is beyond the SOL.