credit card debt
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Posted by rick67 on May 15, 2001 at 09:36:53:
I received a settlement letter in the mail yesterday stating I have an outstanding debt from 1989. The original date was $4,800. The settlement letter from the collection agency has been reduced. I feel this is ridiculous since the debt is over 12 years old. I am worried that this will appear on my credit report. My credit has been perfect for 8 years now. Does anyone know the statute of limitations.
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