Legal Credit Repair Frequently Asked Questions
Can a Collection Agency collect after 5 years
Our Lawyer told us that if it has been 5 or more years since a payment has been paid on a credit card account collection agencies can't collect on these accounts, Is this true in VA
17 Apr, 2008 10:04 PM, asked by lynn


18 Apr, 2008 04:17 AM, posted by My Credit Group's Answer
That's partially true. A collection agency could still collect and/or attempt to collect on a debt - they just can't take legal action against you. In other words, they can still send you letters, call etc. they just cant sue, garnish wages etc.
This is when debt settlement (20 cents on the dollar) with a pay for deletion is pretty effective.

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