Legal Question in Credit and Debt Law in Florida
charged off debt
If a credit card company has charged off a debt that you owed can another company purchase the debt & attempt to collect?
Asked on 8/08/03, 12:42 pm
1 Answer from Attorneys
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: charged off debt
Yes. The accounting notation has nothing to do with the viability of the account.
Answered on 8/08/03, 1:38 pm
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