Legal Question in Credit and Debt Law in Texas
credit card debt
a credit card debt was charged off in 2005 or 06--name removed--now received service from a collection agency that bought the debt that they are suing for the debt owed--name removed--what to do--name removed--no money to pay the debt--name removed--thought that the charge-off meant, debt is gone--name removed--have 10 days after service to respond.
Asked on 1/07/08, 6:30 pm
1 Answer from Attorneys
James Grissom
Law Office of James P. Grissom
Re: credit card debt
Charge off means the people you owe the money to have made an accounting entry - not that you don't still owe the debt. Find a lawyer, you may have defenses that would prevent the collection company from taking a judgment against you. Might cost you a few bucks, but could be better than a judgment against you. Good Luck.
Answered on 1/07/08, 7:45 pm
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