skip to content »

Consolidating student loans hurt

Many creditors have practice of selling off debts that remain unpaid long enough, to debt buyers.

My questions are can any of them take me to court still because from what I read some debts are 3 years and some are 6 here in Arizona, I am not sure what they fall under, also at 7 years they have to stop reporting to my credit so I am told.

Does this mean that it will show the old reports but they cant continue to report and since the original lenders have the accounts closed can the debt collector who purchased the debt also show up as a closed account or do they just disappear forever?

So I have debt from store lines of credit to a bank credit card.

I haven't paid on them since at LATEST December 2007.

To start with, these aare really striking in their visual appeal.

consolidating student loans hurt-73

backgrounds aren’t exactly my type, can you make them different please? In fact, you may conclude it is your best chance at starting a new future. Where else may just I am getting that type of info written in such an ideal way?

consolidating student loans hurt-79

Any of them you know were paid last in 2006 would be clear of the SOL.When there is still room on the clock to sue you, sending a dispute may wake the collector to the fact that you are: If your debts are beyond the SOL to sue you legitimately, you should have less concern about waking a sleepy debt collector who may not have been bothering you, with disputes about getting your credit reports corrected.The furnisher of the information to the credit bureaus, in this case a debt collector, is going to be alerted to any dispute or request for correction that you send to Equifax, Experian, or Trans Union.Charge offs normally occur within 180 days of consecutively missed payments (they can happen sooner than 180 days).The 7.5 years the negative item stays on your credit report starts from the first missed payment to your lender.When your accounts get this far behind, it is standard to have the account placed with outside collection agencies repeatedly.