Statue of limitations

[justalayman]

it seems to me, that for the amount of the debt owed, $500, that legal action on the part of the debt collection agency, might cost them more than its worth

.where do you get that? Depending on the original contract, they may have a legal claim to their legal fees should they sue you.



Other than that; no, they cannot garnish wages or accounts without a judgment.

send the C&D and go from there.

 

[TigerD]

thank you all for responding.
sooo...is it safe to say that a company has bought my judgement, probably for pennies on the dollar, that was valid in 2002, and now almost 11 years later, are trying to collect? and if i send them a letter of cease and desisit, they will have the option to rather sue me, or leave me alone? my main concern is wether the collection agency can put a lien against anything i own, without suing me. as far as the debt being on my credit report, so be it. i will just send a letter of cease and desist, and if the debt collection agency files suit agaist me, then i will try and use the sol, as a defence. it seems to me, that for the amount of the debt owed, $500, that legal action on the part of the debt collection agency, might cost them more than its worth.

bob

Wait. When did this turn into a judgment? If it is a judgment no, they don't have to sue you to take your stuff.

DC

 

[bobo60]

hello,

when the debt collector called again, i demanded no further commuication from them, or i would send a cease and desist letter, and if they continued to contact me after they received the letter, i would notify the attorney general's office, and go from there. they havent called or contacted me in any maner since then. maybe the sol did expire, and they know it...bob

 

[cosine]

hello,

when the debt collector called again, i demanded no further commuication from them, or i would send a cease and desist letter, and if they continued to contact me after they received the letter, i would notify the attorney general's office, and go from there. they havent called or contacted me in any maner since then. maybe the sol did expire, and they know it...bob

Or maybe it's just not worth the bother to reach for the higher fruit when there are other pickings down lower.