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You need to have a look at the relevant legislation in your state to ascertain where you stand. I would suggest that you contact a financial counsellor who would be familiar with laws in your state to discuss your options. In Victoria, Australia, debts are statute barred after 7 years - UNLESS one makes a payment on demand thereafter, in which case one is again legally liable for the debt that was incurred.

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โˆ™ 2005-10-04 04:12:18
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Q: Can a collection agency put a judgment against you for an old credit card debt that is 10 years old?
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Related questions

Can a collection agency put a judgment on your credit?

== == Yes they can. Happens all the time.


Can a collection agency for a parking ticket be put on your credit report?

It wount be a collection aggency. But the city can put a judgment on your credit report that will effect your credit score.


Is it better to pay a collection agency or let them write the debt off?

if you pay the collection agency you can get back in good credit standings , ifyou dont they can get a judgment against you, and garnish your wadges , if they do a charge off it stays on your credit for up to 10 years know and it is harder to get credit with a charge off


Can a credit card company or collection agency put a lien on your home before first taking you to court or can they get a judgment against you with out you knowing about it first?

No. Court is a must


What happens if you don't make your credit card payment?

READ YOUR CREDIT CARD AGREEMENT If you fail to pay your credit card, you defaulted on the loan, it will go to a debt collection agency, and you can be taken to court by the credit card company, resulting in a judgment against you.


Can a collection agency file a judgment on you for credit card debt in Texas?

No. A collection agency has no legal authority. They can refer the account to a collections attorney who can then file a lawsuit for the debt owed. Yes! A collection agency has the right to file a lawsuit as the assigned creditor under the agreement that you signed when applying for the credit card.


can a collection agency for a credit card put a lein on my house or take money out of my bank?

They will need to sue you and get a judgment against you first. After that, yes they can do those things, including garnish your paycheck.


How do you find out from a collection agency who sent you to them for collection when you never was notified that you were in collection you discovered it on your credit report?

File a dispute with the credit reporting agency.


Collection agency laws?

if a collection agency has not bought out my debt from the original company can the collection agency look up my credit report?


How do you report someone who owes you money to the credit reporting agencies?

If you are not a company that reports unpaid debts to the credit bureau's, you can turn the debt over to a collection agency who does report. The other way is to obtain a judgment against them and it will automatically be reported by the courts.


Can an unpaid hospital bill go against your credit?

Yes, definitely. Although, it will only show up on your credit report after the hospital has proceeded to turn the debt over to a collection company and the collection company obtains a default judgment against you. At that point, it will show up on your credit as a derogatory public record/lien/judgment.


If you settle an old credit card debt with a collection agency paying the negotiated price in full will the collection agency remove the collection from your credit report?

No the collection will not be removed from the credit report. They will show it paid in full.


If a second collection agency takes over a unpaid debt can they have that collection put on your report?

Yes the second collection will be placed on the credit report. But they will remove the first collection agency off the report. In some states it is against the law to be double billed by two collection agency for the same debt.


Can a collection agency charge you with credit card fraud?

No.


What should you do if you had a cc judgment against you for 6000 and you paid 3000 and three years later a new credit agency has you in court wanting 8000 and says you only paid 200?

No credit agency will sue you. I believe you mean collection agency. Send the collection people a Cease and Desist letter (google "fair credit act cease desist). Then get a free credit report (your right!!)(the score doesn't matter so don't pay to get it). Then dispute the debt w/ the credit bureaus (the dispute letter will be found w/ the Cease and desist letter).


Can a private debt collection agency garnish your wages for a non-federal debt like credit card debt?

There must have been a judgment obtained and then they can act on the judgment and attach wages.


How many times can a collection agency inquire on your credit report?

Unless you have given a collection agency written permission to pull a full credit report they are in violation of credit laws.


Is the court likely to let a collection agency get a judgment against you if there is less than a year left on a auto repossession before it has to come off your credit report?

It is a situation a matter of what you are behind on. You can lose a car and have judge,ent against you for owing a few dollars.


Can a Credit Card Collection Agency put a lien or judgment on your credit and if so what does that mean?

If the collection agency works in tandem with a law firm (which is the case most of the time) then the answer is yes. What does this mean? If a judgment is granted by a judge, then it is the age old saying, pay me now or pay me later. Anytime your credit is ran (over the next 20 years) then it will show and credit will not be granted until the judgment is satisfied. Keep in mind if a judgment is granted interest probably continues to accrue until satisfied. If at all possible, it is best to inter into a stipulation agreement with the firm and work it out.


How can you mend your credit after a paid collection?

Only the credit bureaus the collection agency can remove a collection from your credit report. The collection agency won't do it now since it is paid and they have no reason to. You can dispute it to the credit bureaus and ask for verification on the account. They will have 30 days to verify the items or it must be removed from your credit report.


What does a collection agency do to your credit?

They don't do anything. Failure to pay bills causes credit to be reported badly and your credit score to go down. All a collection agency does is go after you for the money.


You owe hosptail billsandcant pay them do you just get bad credit?

They may have a host of legal remedies available to them. First the account may be transferred to a collection agency which will report your collection and damage your credit. That agency or the original creditor may decide that the debt is worth persuing legally. They may take you to court to obtain a judgment against you. From that point you may end up with wage garnishments or other consequences.


In bankruptcy is a judgment that was entered by a lawyer for a collection agency which resulted in a drivers license suspension a secured claim by the collection agency?

It depends on the judgment. If it is a Motor Vehicle Judgment it is not a secured claim which makes sense since they went after your license and not your assets. Sometimes these Motor Vehicle Judgments show up on your credit report and the only way to get it off is to settle the judgment or file bankruptcy. If it is not a Motor Vehicle Judgment it is most likely a secured claim.


Can an unpaid ambulance bill hurt your credit?

Yep! If the ambulance company turns your account over to a collection agency that agency might report the collection on your credit. Medical collections are the most common type of collection on a credit report.


Can a collection agency collect interest on your debt?

Yes, Collection agency can do that. But contact a good collection agency like Guardian Credit Services, they know will how to deal with customers to get money