Legal Question in Credit and Debt Law in Florida

credit card bill

What happens if you do not receive a statement from your credit card in 2 years and then suddenly hear from a collection agency?


Asked on 11/15/06, 7:35 am

1 Answer from Attorneys
Barry Kaufman The Law Office of Barry W. Kaufman

Re: credit card bill

When a credit card account "charges off" (an accounting term), statements (generally) stop. It means the credit card company has referred your account to a collection agency to collect the debt.

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Answered on 11/15/06, 2:32 pm


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