Does a Charged Off Account Mean the Creditor Will Sue Me or Get a Default Judgment?

by Gregory Mark Fitzgerald on Mar. 13, 2018

Bankruptcy & Debt Collection Bankruptcy & Debt  Credit & Debt Bankruptcy & Debt  Bankruptcy 

Summary: If you are finding it difficult to pay your bills and need an experienced business debt defense attorney, contact our office now. The attorneys at Fitzgerald & Campbell can review your current situation and discuss your options with you, even if that means fighting a collections lawsuit, judgment, or helping you file for Chapter 7 bankruptcy.

"In understanding the process, it becomes easier to understand why debt collectors are so darned persistent. In the off chance that someone with a charged off account does pay, even if it is a much smaller amount than originally owed, the debt collection agency still has the chance to turn what can be considered a good profit on their purchase."

Read the entire article on the official Fitzgerald & Campbell, APLC blog.

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