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Statute of limitations and harassment.
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Posted by Frank W. Scranton on October 21, 2001 at 10:44:27:
If unsecured debt has occurred and the debt is 6+
years old. A new company took over the original
company with which the debt was originally established.
The new company also provides telecheck type service
to retailers for accepting or rejecting checks as a
means of transacting business. We have never had a
bad check, but the new company has elected to block
a response or return a bad code so that our checks
will be rejected. Do they have a legal right use
this method for the purpose of debt collection. It
seems to me this is more an issue of harassment then
a way to resolve a debt. It the unsecured debt has
a statute of limitations and is classified as an
open account, can they use this means legally or what? Regards,
Frank.
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