I am curious about this.
Junk debt buyers often buy debts which are beyond the S.O.L. for pennies on the dollar and then attempt to collect the balance plus fees and interest.
Since any payment on a debt seems to automatically reset S.O.L. and it doesn't seem to matter who makes the payment on the debt, why don't they just make a small token payment on each debt, and thus, revive the zombie debt so they could then turn around and sue the debtor without having to worry about their lawsuit being time-barred?
If they really wanted to be really clever about it, they could buy money orders anonymously, and then send them in the mail to themselves, apply the money orders as payments toward the debts, and then turn around and claim the debtor made a payment, and thus, reset the S.O.L.
Does this ever happen, and if not, why not?