Legal Question in Credit and Debt Law in California
Collecting bad/outadated debt
I have recently been contacted by a collection agency that has purchased my charged-off account from a furniture company. My credit report says it will be on my report till February 2000. That is 7 years after the debt went unpaid. Can the collection agency still try to collect after 7 years?
Asked on 10/17/00, 12:48 pm
1 Answer from Attorneys
Ken Koury
Kenneth P. Koury, Esq.
Re: Collecting bad/outadated debt
No, the statute of limitations would be four years at most.
Answered on 11/30/00, 3:38 am