I bought a car a few years ago and purchased new wheels for $1,100 on credit. I haven’t paid the bill, and now collectors are trying to settle with me. I think the statute of limitations has expired. Should I still pay the debt?
I always look at things like this through two or three lenses. One has to do with your credit. Another is the legal aspect, and the third is this: What’s the right thing to do?
The right thing to do is pay the debt. You took the wheels, so you need...