Legal Question in Credit and Debt Law in Georgia

Charge off in the state of georgia

Does making a payment on an account after charge off revive the statute of limitations in the state of georgia?


Asked on 1/24/08, 1:41 pm

1 Answer from Attorneys
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Re: Charge off in the state of georgia

A chargeoff has nothing to do with the statute of limitations. It is a message from a creditor that they consider you a deadbeat and value the claim for accounting purposes as zero. They can still try to collect.

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Answered on 1/24/08, 4:08 pm


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