Is it safe to send my bank statement to a collection agency?
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Is it safe to send my bank statement to a collection agency?
My mom is 75 and took out a credit card through over 14 years ago. Now a collection agency is requesting the money owed.
Asked on February 23, 2012 under Bankruptcy Law, New York
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
I would hold off sending any information to a credit card collection agency concerning the alleged debt that your mother owes at this point. Assuming that the debt owed goes back more than four (4) years without payment, collection on the debt may be time barred under the statute of limitations of your state.
I suggest that you and your mother consult with an attorney who practices law in the area of consumer debt to assist you in your matter further and to see if the claim for money owed may be too late for the filing of a lawsuit.
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.