Hello. my question is this. I received a letter
my question is this. I received a letter from MCM (Midland Credit Management) from a debt that I have for $563.01 with Chase ( or had I suppose they bought my debt) and I have checked my credit report and the last time I did a payment on that debt was on July 2007 so this July 2011, will make 4 years since I did a payment, and I've been reading your post on SOL and I am from Texas and I am not sure how SOL works but should I pay before I reach 4 year of not paying, (btw MCM want me to pay before August 20)? also I want to put this error from my college days behind, should I just pay them or make a settlement letter before paying them? I want to pay this but I don't want collectors bothering me 1 or 2 year from know claiming a debt already paid. extra info I try to see how could I pay the debt in MCM webpage and it ask me to enter the last 4 digits of my SS to see my account which i did :( , could that be use as an agreement to pay the debt?