Legal Question in Credit and Debt Law in Florida

Credit Card Debt Collection

I received a notice from a collection agency on an account sold to a portfolio group. The account dates from 1994 and has had no payments since 1996. The purchased balance is $1999.05; total balance is $5783.20. The debt collector is asking for half of the amount. There has never been contact for collection, nor does this debt show on my credit report. Is there a statute of limitations on this debt? What recourse do I have for disputing this debt?


Asked on 12/19/06, 1:39 pm

2 Answers from Attorneys
Lorne Cabinsky Law Offices Of Lorne S. Cabinsky, P.A.

Re: Credit Card Debt Collection

Yes there is a statute of limitations in florida, 4 years without a signed agreement, 5 years with a signed agreement. Please contact my office should you need to hire legal counsel.

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Answered on 12/19/06, 2:08 pm
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Credit Card Debt Collection

Based on your question, the any statute of limitaions has already run. The debt is not enforceable. Imnfact you may havea claim AGAINST THE collectorand agency. Contact me if youwish to discussthis matter.

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Answered on 12/20/06, 6:32 pm


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