Tag Archives: Time-Barred Debt

Washington AG Reaches $1.6M Settlement With Convergent

The Attorney General of Washington has reached a settlement with a collector that it sued last year, which will see the collector pay $1.6 million in fines and restitution to consumers for allegedly deceiving them by making settlement offers in collection letters even though the collector could not enforce the …

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WaPo Goes Deep on Time-Barred Debts

Debts where the statute of limitations have expired are a tricky business. Companies are reluctant to just write off the debt as uncollectible, but the labyrinth of state laws make the collection of such unpaid debts a potential minefield of legal problems. The Washington Post tries to shed some light …

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