I was charged off 10 years ago for a credit card debt with Amex. Now, there is a collection agency from N.Y. that wants the debt paid off in 30 days. I am in Illinois. What are my rights? Should I pay now or not.
First of all, be sure it is not a judgement. If it's not, the SOL in both states expired long ago. Do not pay anything nor even negoiate anything because you'll reset the SOL clock. If they sue, be sure to respond and site the SOL as your defense.