Debt Collectors Must Tell NY Consumers if the Debt a Too Old to Collect

By: Robert J. Nahoum THE PROBLEM: You are surprised to be receiving phone calls and letters from a debt collector; you thought you cleared up all your bad debts years ago. How can they still be contacting you on such old debts? The Rule: In New York, a debt collector must maintain reasonable procedures for determining the statute of limitations applicable to a debt it is co ...Read the full article