<prompt> Human: I recently received a call from Portfolio Recovery Associates. The woman told me she was calling in regards to a - 1,600 debt I owed to bank, stemming from a credit card that was closed in ... 2003. She informed that the debt was no longer on my credit report, and I could no longer be sued for it, but 650 right now, today only, special offer, was still the best she could do. I believe this debt is valid, in that I believe I incurred an initial debt of 200 possibly 250, its been almost fourteen years, which was the limit on the card in question.While she had me on the line, she mentioned that there was one other account she needed to speak with me about. She said I had a 200ish debt from a retail establishment; a debt which was sent to collections in _1995_. I also believe this debt is valid.I can afford to pay both of these debts. For personal reasons, I _want_ to pay off the older debt, and I would like to pay it off in full at the amount she quoted. As to the other, well, Im not paying 1,600, or even 650, but I would be willing to pay something to settle it.Am I right in thinking that basically all they can do is ask politely, and will probably take just about anything I offer? They cant continue calling me if I tell them stop, and theyre pretty much out of other options, right? Whats a good number to drop on them? Im thinking of offering 400 to make it all disappear. Is that a bad idea? Will this land me on some sort of people who actually pay uncollectible, 20-year-old-debts list, with no real benefit to me? Other than these ancient debts, I have a LARGE medical debt which includes equipment that I could not pay for when I lost my last job and insurance, but which I also literally cannot live without, so I kept. I am very wary of coming to the notice of that company until I am much more firmly on my feet.On a semi-related note, except for my doctors, there are like six people, all friends and family, who have my phone number. Id love to know whos leaking.  <response>: You are under zero obligation to pay this debt. Its past the statute of limitations and past the limit of years it can be on your credit report. The collection agency bought this debt from the original creditor for penny on the dollars. The company already wrote it off as a loss with their taxes when they sold it to the debt collector.Personally I wouldnt pay it. Send them a fuck off and die letter FOAD letter google it. Once you do this; they cant contact you anymore. If they do they violate the FDCPA and you can get 1,000 per contact. 