 |
What legal right does a collection agency have to collect a debt after 7 years if the debt is no longer on your credit report? |
[Edit] |
[Edit] 
Answer
The debt being dropped from the credit report has no bearing on the collector's rights to pursue recovery of monies owed. The creditor/collector can contact the debtor seeking payment for as long as they choose. Also, state SOL's for debt(s) apply only to lawsuits, not collection procedures.
First answer by Macky. Last edit by Macky. Contributor trust: 3532 [recommend contributor]. Question popularity: 36 [recommend question]
|
Also see on Answers.com
Research your answer: |
Can you answer other
questions about law?
Answers.com > Wiki Answers > Categories > Law and Legal Issues > What legal right does a collection agency have to collect a debt after 7 years if the debt is no longer on your credit report?
Our contributors said this page should be displayed for the questions below. (Where do these come from ) |
| If any of these are not a genuine rephrasing of the question, please help out and edit these alternates. |
Debt collection after 7 years? 7 years debt on creidt report? Debt collection over ten years? Debt collection after 7.5 years? Is a debt of 14 years still legal? How many years to clear credit debt? What happens if the debt is 7 years old? How long do companies have to collect a debt? Debt from 1994 can they collect in 2007 ohio? What if a debt agency contacts you after 8 years? Can a debt collector collect money after a 8 years? Can a debt buyer report to the credit after 7 years? Why do you have debt over 7 years old on your report? What is the time frame to collect a debt in colorado? Can a debt collection be on report after seven years? Can a collection agency report the debt after 7 years? If a debt is over 7 years can they still collect on it? How long can a collection agency try to collect a debt? Can debt buyers report to your credit after seven years? Can the same collections agency collect on a settled debt?
