Can a collection agency pursue a 12-year-old debt in New York State?
My wife simply received a collection epistle from an agency that bought an ancient (alleged) debt she owed to Verizon from 1995. Doesn't New York State statute preclude collection of debts of this sort that are more than six years ripened?
Answers:
No they cannot after 7 years. UNLESS-------------
At any time during a collection phone she say " I'll remuneration it back".
If she have said that... the 7 years starts ALL OVER AGAIN from the light of day she say " I'll retribution you".
NEVR NEVER NEVER relate a bill collector you'll money... brand name them prove the debt contained by writing which they must do below TCPA. Otherwise relay them to travel purloin a walk...
yes -- merely foot it and forget it!
Collection agency can follow you to the grave. If they filch you to court, you might be capable of claim the debt is beyond the statue of limitations (SOL) as an affirmative defense (I'm not sure what the SOL is for New York).
They should not be capable of re-age this 1995 debt on your credit report. You can dispute that as self more than 7 years antediluvian.
You should emergency the collection agency provide detailed proof that this debt belongs to your wife (send a notification, certified e-mail, return receipt).
There are some bottom feeder collection companies that put antique Verizon debt on population's credit reports. Folks find out in the order of it when they try to buy a house and normally lately compensate the smaller amount than $200 as human being the easiest mode to clear the gloomy so they can obtain the up to date mortgage.
Debts are sold oodles times over for pennies on the dollar...you will be call for abundant years to come. The switch is to not answer the phone and if you do vote its not you. After 7 years the debt is gone unless you agree to repay one contribution your orifice the portrayal adjectives over again. If you want to foot it sour, give pennies on the dollar contained by writing distribute by registered correspondence. Say you hold a $3000 debt,,,after 5 or 6 years submission .10 on the dollar that's 300 to slay the debt, consequently following you appropriate that delivery to the credit card agency's to catch your credit spinal column.
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Answers:
No they cannot after 7 years. UNLESS-------------
At any time during a collection phone she say " I'll remuneration it back".
If she have said that... the 7 years starts ALL OVER AGAIN from the light of day she say " I'll retribution you".
NEVR NEVER NEVER relate a bill collector you'll money... brand name them prove the debt contained by writing which they must do below TCPA. Otherwise relay them to travel purloin a walk...
yes -- merely foot it and forget it!
Collection agency can follow you to the grave. If they filch you to court, you might be capable of claim the debt is beyond the statue of limitations (SOL) as an affirmative defense (I'm not sure what the SOL is for New York).
They should not be capable of re-age this 1995 debt on your credit report. You can dispute that as self more than 7 years antediluvian.
You should emergency the collection agency provide detailed proof that this debt belongs to your wife (send a notification, certified e-mail, return receipt).
There are some bottom feeder collection companies that put antique Verizon debt on population's credit reports. Folks find out in the order of it when they try to buy a house and normally lately compensate the smaller amount than $200 as human being the easiest mode to clear the gloomy so they can obtain the up to date mortgage.
Debts are sold oodles times over for pennies on the dollar...you will be call for abundant years to come. The switch is to not answer the phone and if you do vote its not you. After 7 years the debt is gone unless you agree to repay one contribution your orifice the portrayal adjectives over again. If you want to foot it sour, give pennies on the dollar contained by writing distribute by registered correspondence. Say you hold a $3000 debt,,,after 5 or 6 years submission .10 on the dollar that's 300 to slay the debt, consequently following you appropriate that delivery to the credit card agency's to catch your credit spinal column.