Credit card debt collectors are paid a fee to collect the debt. In many cases, the collector is only paid when he or she gets you to pay. Because of this, illegal activity or even abusive activity can occur. One of the things you should know is about the credit card collection statute of limitations. If you believe you have been requested to pay a debt that is past this limit in your state, report it to an attorney who may advise you to legally pursue the lender for this illegal action.
There is a limited window of time in which the lender can pursue the borrower for a debt. In general, nonpayment of debts results in the creditor suing the borrower for the money. However, this does not go on forever. Each state sets the action number of years in which the creditor has the right to go after the borrower. The FTC reports that some states have longer time periods than others.
If you are unsure what the statute of limitations is in your state, contact a debt settlement attorney to find out. Do this before taking to any lender.