Legal Question in Credit and Debt Law in Florida

I have been paying on a debt that was written off over 7 years ago. I received a collection letter that stated "due to the age of this debt, this account is not being reported on your credit report and payment or non-payment of this debt will not affect your credit score" Does this mean I do not need to pay this any longer? Can they charge fees and interest and then come back after me? OR am I free and clear.

Asked on 6/10/13, 5:20 pm

2 Answers from Attorneys

Steven Meyer Law Offices of Steven Meyer

They have either likely have six years from the date of the last payment to sue you. So, they could likely still file a collection lawsuit against you.

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Answered on 6/11/13, 7:25 am
Scott Behren Behren Law Firm

They would only have 4 or 5 years from the date of the last payment to sue you.

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Answered on 6/11/13, 9:02 am


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