Legal Question in Bankruptcy in Pennsylvania

Debt collection on a charged off credit card bill

In May 2000 I stopped making payments on a credit card in which my ex-husband was a authorized user and had charged $13,000. After explaining my finanical situation to the credit card company, I received a letter from them noting that they had written off the debt. When I spoke to a bankruptcy attorney about the letter, he said that they had written off the debt as a loss on their business taxes and therefore could never come back after me regarding the debt.

This allowed me to avoid bankruptcy.

I never heard from them again until 3 weeks ago when I received a notice from a collection company noting that they had submitted a claim regarding the debt with the National Arbitration Forum.

Is this something I need to respond to? Thanks for your advice.


Asked on 4/20/04, 9:33 am

1 Answer from Attorneys
Matthew Nahrgang Nahrgang & Associates, P.C.

Re: Debt collection on a charged off credit card bill

The information you received was incorrect. A charge off is merely a tax event having nothing to do with the creditor's right to collect. The creditor had 4 years from the date of the last payment on the account. If you are not sued by May of this year, assuming you made no payments since then, they will then be barred.

Should need to speak to an attorney further, please feel free to call or E-mail on a free initial basis.

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Answered on 4/20/04, 11:22 am


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