Re: charge offs

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Posted by Christine Baker on October 26, 1998 at 17:21:33:

In Reply to: charge offs posted by Cathy on October 09, 1998 at 13:09:46:

I don't know TX law, but if you don't hear from the creditors probably nothing is going to happen.

That's why it's a "charge off."

They might sell your debts to a collection agency, but usually they don't actively try to collect. Most people don't pay because the don't have the money.

Good luck, Christine

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Comments:
: I don't know TX law, but if you don't hear from the creditors probably nothing is going to happen.

: That's why it's a "charge off."

: They might sell your debts to a collection agency, but usually they don't actively try to collect. Most people don't pay because the don't have the money.

: Good luck, Christine


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