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Author: Fuskie Big funky green star, 20000 posts Top Favorite Fools Old School Fool Ticker Guide SC1 Red Winner of the 2010 Rule Breakers Challenge Answer Team Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 309664  
Subject: Re: Collection Agency Update Date: 1/7/2014 2:01 PM
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It is over 6 years old, and the statute of limitations in CO is 6 years for most things, 3 for others. It is unclear where the clock starts though.

Watch out for a clock reset. If you pay any amount on this debt, you could effectively be resetting that clock. And you need to keep an eye out on your credit report that it isn't listed with a current date regardless of the actual origination date. These are all unethical behaviors that some debt collectors have used.

Fuskie
Who discloses that he owns shares of a debt collection company but is confident they are one of the good ones that follows the law...
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