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Earl,
If the credit card co. has sold your debt,they sold it for pennies on the dollar to a collection agency. You will be able to settle it for 1/2 or even less of the original debt.
You have to be very careful in dealing with them.If their lips are moving they are lying.
There is also the moral side of this.
If you used your card and received goods and/or services in exchange,you should pay them what you owe them. Statue of Limitations or anything else shouldn't be a consideration.
Receiving the goods and/or services and not paying for them is theft.
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