| 1. first most likely it was not a real attorney but someone from an collection agency lying to you. Since harrassment of someone over the phone for collections is illegal, it is obvoius you are dealing with a low level collection agency.
Without other info on the loan it is hard to give specific details, had the Statue of limitation ran out, if so, they now have you on tape most likely confirming you owe the debt, so perhaps it was a debt you no longer could be enforced to pay but now have agreed to pay. A very big trick of some of the collection people.
But they can sue you the first day it is not paid on time, basicly, so they could have sued you as soon as you were late if they want to.
As noted, never ever talk to any collection people on the phone, if they yell or curse, for sure hand up. Record them, tell them that you are going to record and do it, that shuts most of them up. And as long as you notify them you are recording it is legal, they can either hang up or know they are being recorded. | 
Linear Mode
