If you owe a credit card and it was then sold to another company, chance are you will be getting letters from companies who purchased the note that is owed.
The scam goes like this:
You will get a letter from a company you owe money from such as capital one lets say for 1000 dollars.
In the letter, they will tell you that they will settle the amount owed for less money such as 400 dollars if you pay within a certain time.
Sometimes these offers can be real but normally these types of notes are public information if they are put up for sale by collection companies. Meaning good and bad people can see this information.
So what to do?
The best thing you can do is call the lender where your note was from to determine if you can negotiate a way to pay off that amount owed. Remember always question and never take things you get in the mail or by email at face value.