How long does it take...
Date: Fri, 09/09/2011 - 11:27
How long does it take for a credit card company to turn you over to a 3rd party collection agency? I have been advised to ignore any calls from the credit card companies...that it will take about 3 months for them to turn you over to a collection agency. I am planning on filing bankruptcy and was just wondering how long the harrassment will last. So far, I have only defaulted on a few cards...the rest don't even know I am doing this yet.
If you have defaulted on your credit card account for 3 months o
If you have defaulted on your credit card account for 3 months or more, then the credit card company can charge off the account and assign it to a collection agency.
Depending on the creditor it can occur in as few as 30 days and
Depending on the creditor it can occur in as few as 30 days and as long as 180 days. There is no steadfast rule.
