QUESTION
do I have to pay debt that has been charged off since 2007
Asked on Sep 18th, 2014 on Debtor and Creditor - California
1 ANSWER
Bankruptcy Attorney serving Burbank, CA
Partner at
Law Office of Mark J. Markus
Reviews not shown
3 Awards
Most likely not. If the creditor has not yet filed suit against you and obtained a judgment, and you have not received a billing statement or made a payment to them in over 4 years, it is most likely beyond the statute of limitations for them to collect.
However, if they DID obtain a judgment against you, then they can pursue you for collections via wage garnishment, asset liens, bank account seizure, etc.
Answered on Sep 19th, 2014 at 5:26 PM