Have you received a call or letter demanding you pay an old debt that either you forgot about, paid off, or is simply not yours? AHH! You may be a victim of “zombie debt collection”. Zombie debts typically show up for various reasons: 1. Sometimes they are debts that are either very old and/or no longer owed - past the statute of limitations (SOL) for legal action in your state, which is usually between three and six years. 2. You may have forgotten about the debt or had previously settled on the debt with either the original creditor or another collection agency. 3. The debt is a result of identity theft. 4. You filed the debt with a bankruptcy filing and it was discharged. The biggest issue with these zombie debts is that individuals are pressured into paying the debt, which they may not even need to pay! The first step is not to acknowledge the debt, but request verification that the debt is in fact yours, and that you may be required to pay.
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