If after 10-15 years of collection attemps, the original account holder has no record of the debt, can you be sure that the collection company has a legit. right to collect?
Hello. I am not a lawyer but I believe there is a statute of limitations on the debt so after some period of time has expired (many years) if the collection process was suspended, then the debt expires. This is a generalization and therefore you really should speak to a lawyer in your state who can hear the specifics of your situation and tell you exactly what your obligations are, if any at this point.
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