All collections and unpaid accounts fall off credit report after 7 yrs?

[brainhulk]

http://www.latimes.com/business/la-fi-montalk-20140518-column.html

Sounds ripe for exploit right? Maybe 20 years is better?

 

[manimal]

what would the gypsies do?

jk

not really a savage

 

[manimal]

remember you poll about nobody answering ?

 

[IronWing]

We should dig up their bones and scream "Give me my money!" Or just stop lending money to deadbeats.

 

[ThinClient]

It's after 7 years of inactivity. If there's a collection agency actively suing you or something, the time period resets for that account.