VERY OLD Credit Card Debt

Visitor (not verified)
anonymous user
Registered: 12-31-1969
VERY OLD Credit Card Debt
Tue, 07-24-2012 - 10:56pm

We very recently just started getting phone calls from a debt collection agency in Georgia. I answered to see what it was and they said it was from a credit card my husband opened in 1998. The last he had heard anything about it was in 2000. Now 12 years later they are wanting him to pay it off. He has totally forgotten about it. That debt no longer shows up on his credit reports. Is there a way we can get them to stop hounding us? From everything I've read the statute of limitations in Texas (where we live and where he got the card) is only four years. Any advice would be most helpful! Thanks!

Community Leader
Registered: 07-26-1999
Wed, 07-25-2012 - 10:26am

At this point, if it isn't the original lender that had the debt, I would a, either ignore the phone calls, and if they end up with you on the phone, explain to them that they are not the original lender, the debt is outside of the statute of limitations period, and if they really feel it is your debt, feel free to send you something in writing to prove it.  Most likely they will stop calling when they realize you are educated about the debt.  It is no longer on the credit report becaues it is outside of the statute of limitations.  During harder economic times companies will buy old debts and begin contacting people trying to scare them into paying money on the debt.  You can send them a debt validation letter, and this is a thread that explains more about it:​stion-re-debt-validation/m-p/14026924#U14026924

but at this point, I would ignore it.  Even if they were attempt to sue you, which most won't they will just eventually sell it off to another company to try and collect, in a lawsuit they would have to prove you owe the debt, including the original signed contract showing the debt.  If you feel inclined to pay the debt becuase you do in fact owe it, then I would contact the original lender to make payment arrangements.

iVillage Member
Registered: 06-25-2008
Mon, 08-06-2012 - 1:21pm

Does he actually still owe the debt? If so, wouldn't paying it off be the right thing to do? If not, then I've heard that if you directly tell them they do not have permission to call you, they must stop or you can press charges.


iVillage Member
Registered: 02-24-2011
Mon, 08-06-2012 - 1:28pm
I agree with what Tracy said. I think I'd request that they send you something, in writing, explaining the debt they claim he owes. It doesn't hurt to explain the statue of limitations either as they may just back off completely. Good luck!
Hope, Mommy to Spencer Expecting Baby #2 09/17/12
Community Leader
Registered: 03-17-2003
Tue, 08-21-2012 - 12:38pm

I agree with Tracy.  FYI the statute of limitations for credit cards in Georgia is 6 years which means the right to sue to collect expired in 2004.  That was 8 years ago.  Sounds like a 'bottom feeder" zombie debt collector who is hoping you will pay them just because they surfaced with a bill you owed someone else that expired 8 years ago.  I would ignore them.  :smileywink: