<prompt> Human: I received a notice in the mail yesterday from a debt I had with a cell phone carrier back in 2008. The debt was close to 1,000 which I disputed at the time. After running a credit report a few years back I notice the dept was not on my credit. Figured it was all settled.However, the collections agencys notice stated that they will settle the debt at a lovely 95 off the overall owed balance. The first red flag to me was that I disputed the debt a when I received notice and that it was not on my last credit report. After reading the fine print ... it stated that due to the Fair Credit Act they cannot sue me or report this debt towards my credit because of the age of the debt.HOWEVER... if the debt is paid, I admit to the debt or that I make any payments to the it waives all my rights and that the agency can sue for the full about.TL;DR - always read the fine print and know your rights. You may open up Pandoras box if you dont!  <response>: So basically, all they can do now is cordially invite you to pay, because they dont have any meanstools to force payments from you.I would do absolutely nothing 