I'm confused and angry. If these were truly private loans that were bankrupted back in 1994 they should remain bankrupted. The law that eliminated private student loans from bankruptcy did not become effective until 1998. Furthermore Sallie Mae was a govt agency collecting only federal loans until about 2000 when they went private. Of note, since Sallie Mae went private their profits have skyrocketed. See studentloanjustice.org.
I have the same problem as you with one after another collection agency calling me for very old private student loans. I send the cease and desist letter with a demand for validation. They never respond. But every 6 months a new agency appears. My loans are too old to appear on my credit report. I have maintained that private student loans are subject to your state's statute of limitations but no one has ever responded to my argument with any concrete evidence or case law to refute it. My thoughts are if they could collect this debt they would have sued me by now. But they haven't and it just goes through the dark underworld of the collection agencies. I guess I will keep sending cease and desist letters and checking my credit report forever. I have even dared the collection agencies to sue me in my letters but they don't. So I think they don't have the legal right to collect these debts and are trying to intimidate and harass me into paying. I will not give in and I hope you don't either!
