Am I still responsible for a charged-off debt?
Full Question:
If an old credit card bill has been charged off as a bad debt and is coming off my credit report soon am I still responsible for the full amount? As a charge off have they collected some money back from their insurance? I am not trying to get out of paying my debt I have little income and want to take care of what I can.
05/15/2007 |
Category: Debts and Cr... ยป Credit Repair |
State: Tennessee |
#4850
Answer:
If the debt is not barred by the statute of limitations, they can still pursue the debt.