Jersey City, NJ asked in Collections for New Jersey

Q: If a loan was written off of the company that it was taken from 2 years ago do a collection agency have the right to

do they have right to collect.

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2 Lawyer Answers
Stuart Nachbar
PREMIUM
Stuart Nachbar
Answered
  • Collections Lawyer
  • Livingston, NJ
  • Licensed in New Jersey

A: As long as the Statute of Limitations has not expired, then yes, they have the right to collect

Peter Briskin
Peter Briskin
Answered
  • New York, NY
  • Licensed in New Jersey

A: The fact that a creditor has written a debt off their books does not in and of itself bar them from collecting on the debt.

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