Debt And The Original Creditor
This is a discussion on Debt And The Original Creditor within the Debt Collection forum, part of the BANKRUPTCY & DEBT COLLECTIONS category; Let's say your original creditor wrote off your debt 2 years ago. I heard they get some kind of tax ...
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Aug 17th, 2009, 06:59 PM
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Debt And The Original Creditor
Let's say your original creditor wrote off your debt 2 years ago. I heard they get some kind of tax relief for this. Now 2 years later, can the original creditor take you to court and sue you after writing off your debt if it is still unpaid. They are no longer in the picture.
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Aug 17th, 2009, 07:12 PM
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#2 |
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Re: Debt And The Original Creditor
They can do so unfortunately.
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Aug 17th, 2009, 07:13 PM
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Top Level Member
 
Join Date: May 2007
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Re: Debt And The Original Creditor
...but it also may be too old -- See debts and judgments: WORLDLawDirect - Debts and judgments
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Aug 18th, 2009, 07:38 PM
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Re: Debt And The Original Creditor
If the original creditor charged it off, they should not now come back and sue. This could be a case of unfair trading practices. If the debt has been assigned/sold to a collection agency, seek legal counsel if you're being sued by the original creditor. You'll need an attorney who specializes in Consumer Protection.
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Aug 20th, 2009, 11:02 AM
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Re: Debt And The Original Creditor
thanks for the info.
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