Does the statue of limitations go by the last payment on the account or the last time the collection agency tried collecting?

The statute of limitations runs from the later of default or last payment. It is 5 years on an ordinary credit card. The credit reporting...

Can I successfully challenge this on my transunion account?

there is a procedure for paying the amount of the judgment plus interest into the clerk of the court, upon motion with notice to the judgment...

Can I go to jail for not paying off these loans or have my license taken away?

Calls like you describe are scammers. Report to law enforcement (state Attorney General, Federal Trade Commission, Consumer Financial Protection...

How can they take me to court on a payday loan that i never took out

Threats of the nature you describe are indicative of scammers who have no legal right to collect any loan you may have. Report them to law...

Does the debt collector have a leg to stand on in court?

Show the papers to an attorney. If the "loan" is a retail installment contract the CO statute is three years.

Can I send a QWR to a former mortgage servicer?

They are obligated to respond for 1 year after termination of their servicing.

What is the best course of action for me to take? can this collection agency legally collect this unpaid debt plus court cost?

Consult an attorney experienced in this area. You are assuming things that should not be assumed, such as that the account "was purchased . . . by...

If a judgment was made against 2 parties for repayment and 1 of them files bankruptcy after, can P go back after other party?

If the bankruptcy was a Chapter 7, the judgment creditor may pursue the non-debtor. Different rules may apply if the bankruptcy was a Chapter 13.

1. On a loan or sale, prior notice is not requred. 2. On a lease, either prior notice or an opportunity to reinstate is required. 3. They need...

Is this language sufficient to expect a release of lien? Would I have legal grounds to expect that a release of lien is implied

Yes, but it is better to provide expressly