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Q: Can a credit card company collect after 7 years?
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What does it mean if a credit card company enters a judgment on you?

It means that you have that on your credit report for 8 years and that they have the right to collect the judgment from you.


Can a credit card company collect on a debt over seven years old?

Yes. Even though the chargeoff line item should come off of the credit report in seven years, the credit card company may attempt to collect their debt for as long as they wish (assuming no fair credit collection laws are broken in the process).


Credit card company does not have your social Can they still collect?

If they have your address & phone number they will try to collect. They can sue you.


Can a credit card company collect from a deceased persons parents?

Not unless they were guarantors of the debt.


How long does a credit card company have to sue you for unpaid credit card debt?

as long as it remains a part of your credit report, 7 years.


What happens when you are in a nursing home and can longer pay your credit cards?

You will default on your credit card accounts. Being an unsecured loan, there is little a credit card company can do. That is a risk credit card companies take. Regardless of why you can't pay, non-payment will result in default. The extent to which a credit card company will attempt to collect depends on whether or not they feel you have sufficient income.


What is the annual fee for an American Express Gold credit card?

The annual fee for an American Express Gold credit card is $0 for the first year and then $120 for the following years. This fee is explained by the fact that one can collect points for every dollar one spends with the credit card. These points can be used to get gifts from the company.


How many years of not making a payment can a credit card company still collect from you?

as long as they want to, Generally they will sell the account to a collegetion agency after 6 months of non-payment


What is the Illinois Statutes of Limitation for the credit cards debt and the tolling?

They have to collect your credit card debt within 6 years for most accounts. Most credit card companies will try to collect a debt over a certain amount, like a thousand dollars.


Your husband is getting a garnishment on a credit card you just found out that your bank account has been frozen not from his garnishment but from a credit card that I have owed on. Is this legal?

I thought this was illegal. How is the credit card company that is garnishing his wages supposed to collect their money when our account is frozen?


What is a Thomas Cook travel credit card?

Thomas Cook used to be a credit card company years ago. Thomas Cook no longer provide any credit cards they were bought out and merged with another company.


What is ncb crd srvs?

NCB CRD SRVS is the name of a Credit Card Management Service. The full name of the company is NCB Card Management Services. They are in the business of helping credit card companies collect on unpaid debt.