Comments on: Can a Creditor Collect on Discharged Debt?

By: Beth

Beth — Fri, 26 Feb 2010 01:44:41 +0000

I just received a call from a collection agency trying to collect a debt from 1991 and discharged in 1995 in my husbands name. I told them good luck. You mentioned the statute of limitations in a previous response. The loan originated in Virginia and we now reside in Florida. What are the laws for these states?

By: Debt Prison

Debt Prison — Fri, 22 Jan 2010 23:25:45 +0000

If it’s been charged off but still in house then it has not been sold to a collection agency. You need to find out what ‘charge off’ means in this case. Can you pay? Does the debt still exist? Are they going to sell it to a collector? I’d call them and ask them.

Don’t give anyone your checking acct. Unless you want to simply go and open an account, with a different bank, for the sole purpose of paying these banks. Meanwhile your main account would still be safe. Otherwise, I wouldn’t give them my banking info.

By: Lorraine

Lorraine — Thu, 21 Jan 2010 23:13:31 +0000

I’m trying to work with all our credit card companys on some type of payment program. Some that I’ve called have told me that the account is now in ‘charge off’ status but is still kept in-house. Can I still work with this bank on some type of payment plan or is this really been discharged and bought by a collection agency? How can I find out.

Also, on the few that I’ve been negotiating with, they all want me to give them my checking acct so that they can put me on an automatic pay plan. I’ve insisted that I do not want to give them a checking account and I will pay them via cashier’s check or money order. They insist that if I do not provide them with some type of secured account that they can withdraw from then their is no payment program available for me. How or what do I say to them about this? I’ve read in your many articles to NEVER give them my checking acct #.