I live in california and have a credit card that was closed 5 years ago and has a balance of 1500 dollars. No payments or contact have been made for 5 years now they are sending a collection company after me can they still collect it?
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I live in california and have a credit card that was closed 5 years ago and has a balance of 1500 dollars. No payments or contact have been made for 5 years now they are sending a collection company after me can they still collect it?
First its not a good idea to piggyback your question on someone else's. This can lead to confusion. You should start a new thread. So I've moved your question to its own thread.
The owner of a debt can collect on that debt until its paid or you die. If the SOL is expired it only limits the tools they can use to collect that debt.
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