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Don’t dig up collection accounts that are already dead and buried… That’s what financial expert Howard Dvorkin advises when dealing with “Zombie Debt” – debt that has reached the point where bill collectors can no longer make you pay. Once a debt reaches the statute of limitations (three to six years in most states), you are not legally required to pay it back. Debt.com Chairman Howard Dvorkin warns consumers that zombie debt is a trap! “A lot of people don’t realize that if you start paying on a zombie debt, you reactivate the statute of limitations all over again and then you actually owe it,” Dvorkin cautions. As founder of financial research and news website Debt.com, this CPA, author, and philanthropist has spent a lifetime helping people conquer debt. Dvorkin has seen firsthand how collectors reignite debt that borrowers are no longer responsible for. He says paying even one cent towards out-of-date zombie debt can restart the debt timeline. Collectors know this, and they use it to their advantage. So how can you kill zombie debt for good? Knowledge is power! Before making a payment on any collection account, confirm the debt is actually yours, then find out your state’s statute of limitations. Request any information or communication with a collection agency in writing. Watch the video to discover Dvorkin’s expert financial advice. For more on budgeting, saving, and managing overwhelming bills, call Debt.com at (844-946-1388) and start protecting yourself from zombie debt today. --------------------------------------------------------------------------------------------- Remember to let us know your thoughts in the comments section below! For more information about Debt.com SIGN UP for our NEWSLETTER: https://www.debt.com/ub/newsletter/ Follow us on social media: ★ Facebook: / debtcom ★ Twitter: / debtcom ★ Instagram: / debtcom ★ Pinterest: / debtcom ★ TikTok: https://www.tiktok.com/@debt.com?lang=en