I just received a call from Financial Asset Management systems saying that I was involved in a hit and run a year and a half ago and I now owe State Farm $2,600. I need help in figuring out if this is a scam or not. Here are some facts: *According to them, I opened my door and dinged an emergency vehicle, then drove away. I have no recollection of this incident whatsoever, and unless someone in my family took my car without my knowledge, I'm 99.99% sure this did not happen. *The vehicle owner filed a claim with their insurance (State Farm) and State Farm took care of the damages. Again, I was never notified until almost a year and a half later. If they had my vehicle description, wouldn't I have been notified by the police? *Now State Farm is "allegedly" using the debt collector to settle the debt from me in the tune of $2,600. *I have the option to make monthly payments OR if I make a lump sum payment, I get a % discounted and I only need to pay $1,800. (this part seems fishy) *They gave me a police report number, and I gave it to my cousin (who is a cop) but I haven't heard back on that yet. The name of the company is Financial Asset Management systems inc. I see a lot of complaints on ripoff report, but it still seems like a legitimate debt collecting firm. Can someone please offer some advice? I really don't want this to be on my credit report if I don't pay, but I shouldn't have to pay for something I didn't do. What are my rights for something like this?