Someone I know has gotten several letters from a collection agency threatening legal action for an old credit card debt. It’s from about 8 years ago, but last contact was about two years ago, maybe more. This last letter is from a lawyer’s office saying, the person has “committed an act of bankruptcy” and that they won’t file the petition if full payment is made.
I’ve read before that a lot of the time, these are empty threats, but this looked more serious. The debt is over $1K, but less than $10K. They can’t afford to pay the debt right now, so not an option.
I’ve read before that a lot of the time, these are empty threats, but this looked more serious. The debt is over $1K, but less than $10K. They can’t afford to pay the debt right now, so not an option.