Faith and Finance

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Question by I have a POS CPU: Can you tell a debt consolidation company to stop collecting?
Over a year ago, I was stupid enough to turn to a debt consolidation company to settle a large past due debt. But in over a year, the debt still has not been settled. And now the debt is past it’s statutes of limitations (SOL) I, at this point am no longer legally tied to paying this debt, and the consolidation company is still collecting from me monthly.
So before I call up the consolidation company and pose this dilemma to them, and possibly wind up making a fool out of myself. Can I even ask them to stop any and all collection for that debt, because of the SOL?

Best answer:

Answer by CatDad
If the debt was way past due anyway you should have saved your money yourself and settled directly with the creditor on your own. You’ve been flushing your money down the toilet paying this firm.
Cancel your account and close any checking accounts that you gave them direct access to.

Confirm the statute of limitations : https://sites.google.com/site/creditdebtadviceonline/statute-of-limitations-on-credit-card-debts

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