Legal Question in Credit and Debt Law in Texas
can you be sued on charge off credit card dfebt. plus how long can the credit card company sue you after the debt is declared bad debt.
Asked on 9/23/11, 9:59 am
1 Answer from Attorneys
Greg Wiley
Law Office of Greg Wiley PLLC
Just be cause a debt is charged off, does not mean it has gone away. Generally, it means somebody bought a debt to collect.
Answered on 9/24/11, 4:10 pm