Somewhat funny here... I say this because last week I recv'd 3 notices from 2 different agencies (MJR & CRM) over 3 different outstanding 7+yr old debts with TD (Overdraft, LOC and C.C.).  Their phone calls have just recently started, and today when I went to chat with the fellow over a "Very Urgent MSG", I told him to hang on a second as I take my jacket off (I had just come in the door) and he immediately hung up on me.  Humm...!?!  LOL!!  (Had he not, I would have treated him like a 976 call girl - that's always fun and freaks them out)

So, in my case it doesn't matter.  These debts are stats barred and no longer on my credit reports.  I'm guessing that this is TD's last attempt at collecting the debt before they sell it off to a 3rd party (Acktiv Capital, etc..).

My advice to others:  Know when your debts are stats barred by provincial legislation at time of default.  Verify your credit reports and determine if debts have been sold to a 3rd party.  Refrain from overreacting - i/e: Don't let them make you scared.  Have your facts in check then play your cards.