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-   -   Credit card charge off (https://www.askmehelpdesk.com/showthread.php?t=359668)

  • May 30, 2009, 07:36 PM
    carbidequ
    Credit card charge off
    If a debt was sold to a company can they sue me for payment?
  • May 31, 2009, 09:18 AM
    JudyKayTee

    Yes.
  • May 31, 2009, 05:24 PM
    Clough

    Hi, carbidequ!

    Yes, and it can also greatly affect your credit score. Are there any other particulars concerning this about which you might want to find out information?

    Thanks!
  • May 31, 2009, 07:22 PM
    Fr_Chuck

    Yes, charge off is merely an accounting term that addresses the tax status of the debt.
    Has nothing to do with you not owing it.

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