Usually, it is five years from the date the debt is charged off. However, if more than 5 years have passed and you choose to make a payment, the clock restarts and the statute of limitations will be extended for another 5 years.
Usually, it is five years from the date the debt is charged off. However, if more than 5 years have passed and you choose to make a payment, the clock restarts and the statute of limitations will be extended for another 5 years.
Leave a Reply