free4ever

YOU NEED TO CHECK YOUR CREDIT REPORT. YOU ARE ALLOWED ONE FREE COPY PER YEAR FROM EACH OF THE THREE REPORTING AGENCIES (EQUIFAX, EXPERIAN, TRANSUNION). YOU CAN DO THIS ONLINE FOR IMMEDIATE RESULTS AT WWW.ANNUALCREDITREPORT.COM OR CALL 1-877-322-8228.

THESE ARE CALLED JUNK DEBT BUYERS. THEY BUY YOUR OLD ACCOUNT AS PART OF A PORTFOLIO FOR PENNIES ON THE DOLLAR, THEN TRY TO COLLECT FOR THE FULL AMOUNT OF THE OLD DEBT, USUALLY PLUS INTEREST. THEY ARE QUICKER TO OFFER SETTLEMENT AMOUNTS BECAUSE THEY KNOW EITHER WAY THEY'RE GOING TO MAKE A PROFIT. IF AN ACCOUNT'S STATUTE OF LIMITATIONS HAS EXPIRED, THEY CANNOT SUE YOU. THOUGH SOME WILL TAKE THE MATTER TO COURT ANYWAY WITH THE EXPECTATION THAT YOU WON'T SHOW AND THUS WIN A JUDGMENT SIMPLY BY DEFAULT. THERE ARE A LOT OF WEBSITES TO RESEARCH HOW TO HANDLE THESE SITUATIONS. THE MORE SAVVY YOU ARE ABOUT YOUR LEGAL RIGHTS IN THESE MATTERS, THE BETTER.