re: Just got dealt a low hand (wife's old CC from 5 years ago)

quote:

---

I'm just raising the bigger picture about bailing out on a legit debt.

---

Well, the original creditor bailed on it by selling it to a collection agency, so....

But I get what you're saying, and it's a decision each person has to make for themselves. Just trying to give some more info so the OP's decision can be an informed one.

If the SOL has run out on legal collection efforts, you're doing yourself no favors by paying it other than to satisfy your conscience.