Legal Question in Credit and Debt Law in Texas
debt buyers
I was recently contacted by a collection agency who had bought a charged-off credit card account. the account was charged off over 4 years ago. do i legally owe the money to the colletion agency
Asked on 10/28/06, 12:19 pm
1 Answer from Attorneys
James Grissom
Law Office of James P. Grissom
Re: debt buyers
you legally owe the debt because you didn't pay it. The statute of limitations has expired for them to file a lawsuit in TX.
Answered on 10/28/06, 8:20 pm