When can a debt be written off?
1 Answer | Asked in Collections Law for Pennsylvania on Oct 8, 2013.
Answered On Nov 1, 2013
Having a debt "charge off" or written off does not mean that you no longer owe it or that the debt cannot be sued upon. Its just an accounting term. A debt is typically charged off anywhere from 90 - 180 days after the debt goes delinquent.