Beware Debt Collectors Trying to Revive Zombie Debts
Debt collection is an $11 billion industry, and debt collectors will use a lot of tactics to collect. A recent article in the Washington Post highlighted an unsettling trend: some debt collectors are trying to trick consumers into reviving old debt that is barred by the statute of limitations. Debt collectors in California only have four years after the consumer has made their last payment to file suit to collect the debt. Thus, the statute of limitations is only four