old credit card debt
Date: Mon, 05/23/2005 - 06:59
old credit card debt
it is 9 yrs old the original lender sold the acct. they are trying to collect. i am now on ss disability receivibg 663 a month
Is there a statute of
Is there a statute of limitation to collect an old credit xard debt
it is 9 yrs old the original lender sold the acct. they are trying to collect. i am now on ss disability receivibg 663 a month
Hi Phyllis Welcome to the forums. You can check out the SOL
Hi Phyllis
Welcome to the forums. You can check out the SOL in your state to know if the debt is now recoverable or not.
If you have any other queries relating to debt, please post it in the forums.
Hope to have you regularly with us.
Regards
Roxette
old credit card debt.
Hi Phyllis,
Welcome to debt consolidation care forums. You have not mentioned the name of your resident state. Please check out the SOL of your state. If it is less than 9 years then your debt is irrecoverable in the sense that the collection agency cannot do much to collect the debt unless and until you decide to pay off the debt. Another point is that since you are now on ss disability, you have a strong point to protect your interest. Hope this will help you a lot.
Regards,
Peter.