how can i get out of debt collectors without paying? Archives

What happens if you cannot pay debt collectors?

September 16, 2022 by Barry Riholtz

When the statute of limitations has expired, the collection agency can no longer sue you to recoup the debt. So let’s get back to the original question: Is it possible to get out of debt without paying anyone anything? Unfortunately no, not really. Simply identify the debts and indicate that they have been paid and … Read more

Can you get out of paying collections?

September 16, 2022 by Barry Riholtz

Without admitting that the debt is yours, check with the collection agencies before you make plans to deal with it. If you ask about your debts, remember that in some states, the clock is reset and a new statute of limitations begins when you confirm in writing that you owe the debt. A collector can … Read more