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View Full Version : Can a credit card 22 years old be collected upon?


sfrink
Jul 18, 2007, 08:49 AM
HI,



I'm new to this site. I was contacted by mail about a balance owed
On an old learner's account from 22 years ago which was 400 now with interest is 1200.
The store I opened the account with closed and never sent me anything, I have never
Seen this on my credit report... now a collection company that just bought the debt is
Trying to collect... can they?

ScottGem
Jul 18, 2007, 08:52 AM
They can try. A debt is an obligation that never goes away until its satisfied. But they can't sue you, all they can do is dun you for what is owed,