Legal Question in Credit and Debt Law in Texas
Law suit after charge off?
Can the Credit Union that listed my debt on my credit report as ''paid account/zero balance secured'', ''unrated or bankruptcy'', ''Profit & Loss writeoff'' and ''charged off as bad debt'' still sue me for payment?
Asked on 5/07/03, 11:11 am
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: Law suit after charge off?
Yes. Their bookkeeping entries don't discharge your obligation.
Answered on 5/07/03, 4:55 pm