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[-] garbagebagel@lemmy.world 7 points 1 year ago* (last edited 1 year ago)

Wait if you can avoid debt collectors for 7 years they just forget about you?? Like I could fuck off to another country where they can't garner my wages and come back and they can't do shit about it?

[-] AA5B@lemmy.world 9 points 1 year ago

It’s not that clearcut: they have various tricks to keep it alive, if they know where you are. This is why you never admit to a debt nor pay the token amount they offer; both are tricking you into legally claiming responsibility, so they can keep the debt alive

[-] Trainguyrom@reddthat.com 5 points 1 year ago

Debt is super weird. In some cases you can have thousands very much just disappear after 7 years, in others they'll hunt you down mercilessly over a $25 copay they mailed you a "this is not a bill" letter about 2 years ago. My wife was pretty deep in debt when we first started dating and I literally have seen both extremes and everything inbetween.

this post was submitted on 07 Dec 2023
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