My question involves collection proceedings in the State of: Alabama
Last week I received a call at work from someone claiming to be in the area to serve me a summons on some old debt. They said I should call the person responsible for the summons. Long story short, it was a company (JD Enterprise) calling about some debt from 2001 on an old credit card. It's so old it no longer appears on my credit report. The managed to get me with the whole threat thing, and I agreed to pay them $200 to stop the suit. I did not know at the time that the statue of limitations had run (3 years in AL). I don't mind paying the debt, but they want a lump settlement I can't pay. They called tonight and were very aggressive in trying to get me to pay. I told them I could pay $300 a month, that's all. They tried to dissect my budget based on a few off-hand comments from me, and tried to come up with all kinds of ways for me to come up with the money. All the while there was the threat of suit. They wanted me to call my parents TONIGHT and get the money. They gave me an hour to call back. My parents borrow money from me, I am certainly not going to ask them for money.
What do I do from here?

