If you forgot about a bill that you had back in 1977 are you still obligated to pay it?

By Catherine . Created on Mar 24, 2017
You had an account at a popular clothing store they sent you a bill and you paid the balance. 40 years later the clothing store sent you a bill stating you still owe them and want you to send payment or you will be sent to Collections Agency?
Lifestyle 258 votes | 15 Comments
Yes

Yes

No

No

Send me to Collection Agency

Send me to Collection Agency

  • +8
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Fred Zacher said on Jul 3, 2020
If you had filed for a bankruptcy it would have been gone. Even after 10 years most collection companies have to write it off because of Consumer Debt law. This even two years after the poll was established sounds like account churning.
Anonymous said on Apr 1, 2017
No freaking way!
Yes
Anonymous said on Mar 29, 2017
If you have any morals at all, yes you still owe it. BUT!! After that long or even 5-10 years, the company probably has written it off their taxes, so if you pay it back they receive 1 1/2 x's the intitial amount owed. with that said, because it was written off, a company should not accept a payment from you. that would be like double dipping.
Anonymous said on Mar 28, 2017
In the story she concludes "you paid the balance " so no you owe nothing 40 years later! Not to mention collections go off your report after 7 years.
Yes
Chuck said on Mar 28, 2017
Only honest people who have a job and class will say yes. The rest are probably democrats.
Anonymous said on Apr 1, 2017
Your an annoying loser! Why don't you give Trump a lap dance, you embarrass even the republicans!
No
Walter said on Mar 26, 2017
LOL you forgot to pay a bill, first find out if the store is still in operation or bankrupt?
No
Anonymous said on Mar 25, 2017
after all that time it will go way
Anonymous said on Mar 25, 2017
I believe after ten years it goes away