Credit and Debit Cards
Debt Collection

If a credit card company has charged off a debt can a collection agency legally try to collect the debt and if so what can they do?

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Wiki User
2006-07-28 14:50:41

Yes. A charge off does not mean the debt is not valid and fully

comllectible. Collectors will first attempt to recover the monies

owed by traditional means, telephone and written correspondence. If

such action is not successful the collector has the optin of

retaining an attorney licensed in the debtor's state to pursue a

lawsuit. A few major collection law firms (Mann-Bracken is one) are

licensed to arbitrate rather than follow traditional procedures of

filing a lawsuit in the state where the debtor resides. The best

option when faced with legal action is to obtain advice or

representation from a qualified attorney.

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