I just got the same call. Let me fill some of you in. These companies buy huge lists of people that have very old debt. They might buy a list of 300,000 names with a total of 10m in debt for say $50,000. They then go to work trying to collect from them. I settled a debt about 10 years ago and have the letter but I love messing with them anyway. This one sounds like it will be fun from what I read here. They are basically looking for people who scare easily. If they bought your 10 year old 10k debt for $3 anything they get is great. The thing about these people is they know they can tell you anything on the phone. You MUST not get emotionally charged on the phone because they feed on that. If you want to make them crazy stay calm. Let them motor mouth and interrupt but be polite. Do not talk to them long or they may trip you up to say something that WILL give them a legit debt. They record conversations and will review them later. If you admit you owe the debt they will take you to court with a typed transcript. I dont know for certain but suspect that these companies are connected to people who are involved in identity theft. I dont think they do it themselves but they probably broker the information. There are people who will buy your ss number, mothers maiden name, bank account number etc. to use and broker to others. Here are the rules for these people:

1: NEVER ADMIT YOU OWN THE DEBT. Admitting you owe the debt can make it so you do owe the debt in the eyes of the law. Tell them you don?t remember it and ask them to send you a copy of the paperwork they have from the company. The ORIGINAL credit card agreement, the paperwork you signed, a statement from the company. They are probably not going to have this and if they don?t it is not lajit. To many of these companies you are a name on a list. They probably don?t even really own the debt. They will just try and get you to pay. You will be paying someone who does not even own the debt and they will just sell the debt to someone else once they bleed you. That is what is ironic?.paying them means nothing if they don?t own the debt.

2. NEVER EVER pay them a dime. In the state I am in the statue of limitations (SOL) is 5 years and it varies by state. It varies by state but there is zero chance they will get a judgment against you past that date. Unless it is a student loan then your beyond screwed. You need to research the time period for (SOL) for your state. Here is the thing though?.if you have a debt that is 8 years old and SOL in your state is 5 years and you make a payment on that debt?the time frame starts all over. Then a debt they don?t have a chance to collect is now collectable for the next 5 years by anyone!!! You do this you are screwed. They will call it a processing fee or something else to get you to pay then even a dollar?does not matter once you pay you are really in bad shape.

3. Tell them in your state the SOL time frame is (xxxx) whatever and they are SOL. They can still sue you and if they do you will have to research the letter you give the judge indicating SOL. Don?t be afraid of being sued as it is not likely they will and SOL always wins. Chances are they don?t even really own the debt. I strung two collection agencies along for a long time over the same paid off 8 year old debt. They got very highly irate many times and finally I told them they are SOL and instantly they just stopped. They gave up right there on the phone.

4. Keep in mind they can say anything to you. Ask them to put whatever they tell you in writing. I always set up a separate email account to get them to send me stuff. Send them letters requesting the info above and keep in mind it does not have to be typed and all that. Just write it on a piece of paper and send it so you get a returned receipt. If you are thinking you don?t have time for this that is the other thing they are counting on. If they are calling you at work send them a letter to tell them to stop?.google it. If they are calling your relatives do the same.

These people are predators and they will say anything to get their commission. They are on commission. Like all predators they look for the old or weak to prey on. They will be your friend or your enemy if it suits them. Don?t chat with them and tell them anything about your life. They will use it against you. Don?t be an idiot.

This website is great!! These people keep calling a relative of mine. I spoke with them once and they wanted get this....the last four of my SS number. I am certain they are trying to get into my bank account. I suggest watching your accounts like a hawk and either change your account numbers.

SCAM  SCAM SCAM

Global Management Group

Tell them the next time they call you will be contacting your attorney and filing a lawsuit against them for harassing a non-debtor.

Keeps calling me about a debt.  I tried to call them a few times to let them know they have the wrong name and they got nasty on me.  How do you make them stop calling?

Posed as a police officer to try an scare me to pay an old debt