10 year old bill...what to do with it?

You certainly don't want to just ignore the letter. If they are owed, they can take you to collections. It may seem insignificant now, but you don't want them to ruin your credit score. You can kiss any chance of getting a decent loan in the future goodbye. Credit score is a very important number, and you want to keep yours in a good range. Contact them and find out exactly what the bill is for. You should also request copies of any correspondence they've sent you since you stopped hearing from them (or stopped paying them). If it's a clerical error on their part, then you'll be able to fight with them over the amount if they've added on any interest. You don't want to have outstanding debt. If you paid off whatever this account was for, you should provide documentation to prove it so they get off your back. Whatever you do, DON'T IGNORE THIS. In the worst case scenario, someone may have stolen your identity and tacked on fraudulent charges to this account. You definitely need to look into it and find out what's going on.

i would ignore it. it has been long time and not important. if they spent money to find you then that is for them to worry about. the bill is not much and well you owe it if you owe it but i would just toss it out and remember to not have this happen again.

Well did you owe this amount on it? If so, you'd think that the interest rate by now would be in the thousands, lol. If you actually owe the amount I would pay it. It could affect your credit rating.

Just ignore it.If u have money then go on and pay with it if none then we have nothing to do bout it.lol.thats it!

I would most likely throw it out as well, or spend my time worrying about my credit. I'm unsure as to what i'd really do unless it happened to me, but its just crazy how that happened to you.

Do Not pay this bill, and absolutely do not contact the company. There is a statute of limitations that has passed. If you were to contact this company and even almost say that you might pay it, the statute of limitations will start all over again. I used to work for a credit card company, and they would collect millions from accounts that they could not really force to pay.

I think you did the right thing by just throwing it away. I sounds like it was from a collection agency hired by the original creditor. I'm not 100% sure, but I think that after such a long period of time, there is nothing they can do. Someone please correct me if I'm wrong. Lloyd

It's been 8 years and if you really think they did not do their best to reach you then you should not pay for it. But you really need to look if they really tried to contact you but accidentally ignored it. Maybe they have some letters of notice they sent to you that you failed to open.

I would check my credit record. After seven years it shouldn't be on there any longer, and once off they can't put it back on again. Sometimes you have to watch those things, people will try to get money out of you that you really don't owe. I had a collection agency try to come after me for an old credit card from years before. However I had paid it off, and it was a scam.

If I were you, just pay it. You see, these people spent lots of money just to find you and pay that bill worth 300. At first you may think that it's just 300, but come to think of it. When you opened that account, you already knew that it is your responsibility. So, they spent this lots of money to find you because once you don't pay them. They can sue you and get a bigger amount than what they have spent on finding you. Come to think of it. We are talking about legal issues. Bank letters are big deal.