Legal Question in Bankruptcy in Minnesota

can collection agencey collect on a charge off account?


Asked on 11/23/13, 8:37 pm

1 Answer from Attorneys
David Kelly-952-544-6356 Kelly Law Office

Yes.

All "charged off" means is that the original owner of the debt has given up trying to collect it themselves. They are entirely free to sell it to a collection agency, and that's what they do.

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Answered on 11/25/13, 6:52 am


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