Portfolio Recovery Associates called my partner claiming he owed an old credit card debit made in Virginia past both Texas and Virginia statue of limitations of debt, 4 and 3 years respectively, and he acknowledged the debt and made a verbal agreement to make monthly installments with an initial one as well. He just assumed the debt was his, because his ex-wife made debt before they were legally divorced. After realizing the mistake, we have contacted our bank to make sure no more future payments occur, and we have verbally asked for a debt validation and are sending out a request certified by mail too. Does the debt get re-aged because of these actions in Texas? If they can't validate, can they still sue and win due to some re-aging legality?
Austin, TX - 5 months ago
Asked in Ashburn, VA - over 2 years ago
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Asked in Ashburn, VA - about 1 year ago
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Asked in Ashburn, VA - over 1 year ago
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