Legal Question in Credit and Debt Law in Georgia

What to do if a company has charge off an account and the money owed still increase but no notice was sent on balance due or settlement offers until 4 years later. Recently divorced and I do not have the funds to pay such an amount on short notice.


Asked on 3/22/17, 12:00 pm

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

If you have a past due debt, interest accrues and they don't have to try and collect. Once past due they can collect until the statute of limitations runs. If you can't pay, you see a lawyer. Do not talk to the creditor before you do. You determine if you have defenses, and also what options you may have which might include not paying, bankruptcy, and settlement.

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Answered on 3/22/17, 12:15 pm


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