You may be responsible for paying a debt that has been charged off.

The term “charge off” means that the original creditor has given up on being repaid according to the original terms of the loan. Many people confuse charge off and forgiven.  If your debt has been forgiven you do not usually owe the balance, but a charge off means that one creditor has written the debt off and sold or gave it to another collection firm to collect on. If your debt has been charged off, you do owe the balance and there can be serious consequences if it goes unpaid, such as a frozen bank account or wage garnishment. If you are unsure if your debt has been forgiven or charged off contact a professional who can assist you in locating this information.

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What People Have to Say

I just wanted to thank your entire staff at The Law Offices of Leslie H. Tayne, for helping me get out of debt. If it wasn’t for your firm, I would have never been able to resolve my $13k worth of debt in less than 3 years. Your staff did a great job, I was finally able to buy myself a brand new car without using a cosigner. I can’t tell you again how happy I am. I would recommend your services to anyone.

L.C. Client 2007-2009

I sleep like a baby at night now because of the work that you and your office have done. Rest assured that I will refer anyone I know to your office with conditions that are similarly circumstanced.

R.S. Client 2012-2014

You have been very helpful at first directing me in the right direction when I had no clue how to go about handling everything, I really appreciated all your advice and help and hope we can work something out. Thanks again for all your help and kind words, and patience.

D.M. Client 2009-2012

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