use old debt to your advantage.
use old debt to your advantage.
Zombie debt refers to old debts that a creditor has largely given up on collecting but can still resurface and be pursued by debt collectors. These debts are often past the statute of limitations, meaning that the debtor can no longer be legally compelled to pay them in court.
However, collection agencies may still attempt to collect these debts through communication and negotiation, even though the debt is past the statute of limitations, which is why they call it Zombie Debt.
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The content on this page provides general information about debt, particularly zombie debt. We aim to teach you how to do this the most ethical way possible so that everyone is safe from legal ramifications. That being said, we cannot guarantee the outcome of anything you do or don’t do on your end, we can only provide the most up to date, ethical and legal information available when it comes to posting Zombie Debt. It is not legal advice or regulatory guidance. This website updates this information periodically. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information. There may be other resources that also serve your needs.