Can a debt be collected after five years?

Answer On One Hand: It Depends Where You LiveThe length of time a creditor has to collect on a debt varies depending upon which state you live in. The statute of limitations for debt collection ranges fro... Read More »

Top Q&A For: Can a debt be collected after five years

How long after a credit card debt judgment can a debt be collected in Michigan?

The statute of limitations on collecting a judgment in Michigan is 10 years. Keep in mind that if the debtor is paying off the judgment in installments, the statute of limitations is put on hold du... Read More »

How long after a debt judgment can a debt be collected?

After a debt judgment (a court order recognizing your debt and ordering you to pay it) the debt may be collectible indefinitely. The statute of limitations for debts varies by state, and is as low ... Read More »

How to Get a Debt Off Your Credit Report After 7 Years?

Not all debt on your credit report is bad. Any accounts for which you have a good payment history are positive items. Accounts that have zero account balances because the creditor charged it off an... Read More »

Is it true that after seven years your credit debt is erased?

After seven years, you may request to have negative marks removed from your credit report. However, depending on the statute of limitations on that type of debt in your state, the debt still may be... Read More »