D EAR HARRY: I bought some very expensive furniture back in 2006. There was a special deal on the sale that allowed me to pay for it over a two-year period. When the time came for the last payment, I raised a question as to the calculation of interest. The issue never got resolved, so I did not make that last payment.
Today, I got a notice from a collection agency with all kinds of threats of action to collect that payment plus a bunch of extra charges. I called them, expecting to get a tough-speaking guy with a booming voice. Instead, I got a soft-speaking lady who asked me to pay about 50 percent of the original debt for a full settlement. I told her that the statute of limitations was long gone, and that I am under no obligation to do anything.