12-04-2012 06:48 PM
I and something similar but from am old Sprint account then passed thru a few collection agencies and finally ended up with LVNV until I got a letter recently from Resurgent Services or something to that effect offering to settle for 25% of the balance.
Checked all three credit reports, saw that neither Sprint nor LVNV was still reporting and it's well past the SOL so I ignored the letter and filed it away.
12-05-2012 06:50 AM
As Illecs says if you feel compeled to pay pay. Be careful though they could report it as settled CO. By making arrangements you wake the clock. Personally anything that old I could not even verify after 7 and a half years Lots of roomates so I blatantly till them to not bother. Then cease and desist letter.
12-06-2012 12:14 PM
Some zombie debt collectors can be very litigeous. You might expect for them to file suit to collect on it , if its a big bill. HOwever should that happen, all you have to do is show up with the affirmative defense that its past the sol, slam dunk.