Saturday, July 5, 2014

I had a loan written off 12 years ago. Now a collection agency wants payment. What should I do?

I had a loan written off 12 years ago. I received a 1099-C which I paid the tax. The debt was a second mortgage that was on a house I sold. Should I respond to the new collection agency? The debt is so old that it no longer appears on my credit bureau.

Read more: I had a loan written off 12 years ago. Now a collection agency wants payment. What should I do?