unfortunately a write off does not bar a lender from pursuing collections; a write off involves the lender deeming, for accounting purposes, that the debt is considered uncollectable; but it does not render it moot. In contrast, a discharge in bankruptcy renders the debt void.
An affirmative defense to a credit card debt is the statute of limitations- once the statute of limitations time frame has expired, the court would dismiss any litigation, with prejudice, unless the debtor reaffirmed the loan.
The statute of limitations 2A:14-1 for credit card debt is 6 years.
If the bank account has money in it that belongs to one's spouse, then the consumer can challenge the levy and the Motion for Turnover of Funds.
Here is information on the types of bankruptcy:
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