zombie debt
 n.— «In the past few years a number of collection companies have cropped up specializing in what are called “zombie debts.” The companies buy old debt that is no longer enforceable. They then call the borrowers and tell them they’ll be in all kinds of trouble if they don’t pay up.» —“The little guy wins against Goliath” Arizona Republic Dec. 10, 2006. (source: Double-Tongued Dictionary)

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