Should You Pay a Charged Off Debt?
Q: Should I settle in full on an account that has already been closed or charged off? Or should I demand a paid in full receipt once we have a negotiated amount? A: Without knowing the specific type of debt ...
Tag: Old debt
How to handle harassment by a collection agency
Don't pay them anything. Send a cease and desist letter in which you tell them to stop contacting you. Harassing people about debts (old debts, like yours, or current ones) is illegal under the Fair Debt Collection Practices Act.
How to Remove an Old Debt From Your Credit Report
A man has an old credit card debt that is over 12 years old. The problem is that the debt still appears in his credit report. What should he do? Click now to hear Lynnette's answer.