Think old debts just disappear? Think again. In this episode of The Debt Hotline, your host George and debt collection attorney Greg Anjewierden break down statute of limitations laws and tackle three jaw-dropping caller situations that prove ignoring debt problems can haunt you for decades, even across international borders.
Greg Anjewierden is a licensed attorney, CEO and founder of Debtbrief, and former debt collection lawyer who knows the inner workings of debt litigation. He helps people navigate debt lawsuits with consulting, legal representation, and educational resources.
In this week's episode of The Debt Hotline, you'll learn:- What statute of limitations means and why it varies by state and debt type
- Why you MUST still respond to lawsuits, even if the statute has expired
- How to check your state's statute of limitations using Solo's calculator
- When selling debt to collectors does NOT restart the clock
Real caller stories with escalating drama:- Asia (Texas): 8-year-old $900 medical debt - statute expired but collectors still texting
- Dennis (Ecuador): $450k judgment from 2015 business foreclosure now being enforced by debt buyers who garnished his retirement accounts while he's living abroad
- Vanessa (Missouri): Teacher questioning whether Mazuma Credit Union misrepresented their relationship with Capital One after car repossession
Key legal insights:- How process servers work (and yes, they can dress as Amazon delivery drivers)
- Why domesticating judgments across states creates enforcement opportunities
- When settlement agreements might limit your ability to pursue counterclaims
- Asset protection strategies for retirement accounts and IRAs
The bottom line:Old debt doesn’t just vanish, and the statute of limitations is simply a legal defense that still requires you to take action. Even expired debts can be collected through continued contact until you send a cease and desist letter. More importantly, ignoring valid debts can lead to judgments that can follow you for decades.
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