Comments for Free Debt Help http://www.debt-professor.com Fri, 06 Jan 2012 21:06:25 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on Free Debt Help by admin http://www.debt-professor.com/free-debt-help#comment-11036 admin Fri, 06 Jan 2012 21:06:25 +0000 http://www.debt-professor.com/?p=2878#comment-11036 Chloe, It is not true that your bad credit will just go away after 7 years. What I think you are referring to is the fact that negative items can only be reported on your credit report for 7 years. If you just ignore creditors, they can get a judgment against you which they can renew until you pay. IF, and that is a big IF, If they don't get the judgment then after 7 ears that file would no longer legally be allowed to stay on your credit report. As for how long creditors have to sue you, that varies from state to state. You would want to look at the Statute Of Limitations in your state to determine that. Hope that helps! - The Debt Professor Chloe,
It is not true that your bad credit will just go away after 7 years. What I think you are referring to is the fact that negative items can only be reported on your credit report for 7 years. If you just ignore creditors, they can get a judgment against you which they can renew until you pay. IF, and that is a big IF, If they don’t get the judgment then after 7 ears that file would no longer legally be allowed to stay on your credit report.

As for how long creditors have to sue you, that varies from state to state. You would want to look at the Statute Of Limitations in your state to determine that.

Hope that helps!
- The Debt Professor

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