Approximately in Jan I received a telephone call from a Portfolio rep demanding payment for an alleged credit card debt from the 1980's. After several minutes, I told the rep that I did not that alleged debt and hang up. I never received a letter within 30 days concerning same. Approximately, May I received what appeared to be a credit card statement from Portfolio showing a balance of approximately $2000. I mailed back to them the statement with a letter stating that I did not owe that debt and to cease contact. In Jan I received a Form 1099-C showing a cancellation of debt for $1948.27 which I mailed back to Portfolio requesting a corrected 1099-C and to cease contact. I am concerned that Portfolio will try to re-age an alleged old debt from the 1980's (per Portfolio) and ruin my credit.
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