Legal Question in Credit and Debt Law in Florida
credit card bill
What happens if you do not receive a statement from your credit card in 2 years and then suddenly hear from a collection agency?
Asked on 11/15/06, 7:35 am
1 Answer from Attorneys
Barry Kaufman
The Law Office of Barry W. Kaufman
Re: credit card bill
When a credit card account "charges off" (an accounting term), statements (generally) stop. It means the credit card company has referred your account to a collection agency to collect the debt.
Answered on 11/15/06, 2:32 pm
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