what is the expiration date in arizona for creditors to remove your debts from their system?
115373
Under federal law, most negative information on your credit report must be removed after 7 years.  This law is the Fair Credit Reporting Act and is not a matter of state law.  Some items such as bankruptcy may be on your record for up to 10 years.
585440
Read the link below.  It discusses what the statute of limitation is, and what the length of time in your state is.  Most states run 4-6 years, but some are more.  So look at the link.\n\nThe very first thing you need to do is send the collection agency a "demand to validate".  This is a demand that they send you proof that you have a legal obligation to pay this debt.  They must send you copies of contracts, bills, receipts, and everything used to calculate what they claim you owe.\n\nInclude in this letter a statement that you do not believe this is your debt, and tell them you expect some proof.  Also remind them that posting unvalidated reports to your credit history is a violation of the Fair Credit Reporting Act, and they can easily be sued in small claims court for $1000 if they try to do it.\n\nAlso include wording to the effect that they must cease and desist contacting you.\n\nSee the link below for a sample letter you can use.\n\nIf you have not checked it recently, get a copy of your credit report and verify that they have not posted anything on your history.  You can get a free copy by going to http://www.annualcreditreport.com\n\nContact me if you need further advice or encouragement.
79751
ACTUALLY THERE IS A STATUTE OF LIMITATIONS ON CREDIT CARD DEBT! \n\nIt depends on the state you live in.  You would have to look it up some how.  I know that some states it is 4 years some 5 and others may be a little longer.  \n\nIf you have not recently been contacted by the creditor in relation to the 12 year debt and then PROMISED to pay it - then no.  If you HAVE been contacted and then you said you would pay it.... you just may have screwed yourself.  \n\nThe main thing with old debt - if it is near the statute of limitations, the creditors will start to call you about it.  If you promise to pay it in any way or say you have the ability to do so it opens your statute up again for another "how many" years.  (what ever the statute of limitations is in your state)  \n\nExample on your 12 year debt. If you lived in a state that had a 4 year time period...and  If you hadn't paid anything on that debt, then right around the 4 year mark you would start getting phone calls about the debt - If then you promised in some way  you would pay it... it would extend your statute for another 4 years... then once those 4 years passed & you never paid, you would be nearing your new 4 year statute of limitations they would start calling you again.  If you then promised yet again that you would pay - You just extended that statute Yet AGAIN.  So if you have 12 year old debt and they are calling you on it... this may be what is happening to you.  If you have promised to pay this debt off in the past, you have extended your statute of limitations each time.  \n\nIf you don't intend on paying it cause you just CAN NOT and have no money to do so - DON'T promise that you can.  Tell them "NO - I CAN NOT PAY it".  They will write off your debt.  Once the statute of limitations is past it will be illegal for them to pursue you for that money.  \n\nGood luck.
996293
The company should send you a new one with a new expiration date. The outstanding balance stays "open" until it is paid regardless if you use the card anymore or not.
839550
everything is cleared after 7 years. i think it is dated from the last date of activity. like if you make a payment tomorrow, the 7 years would be up 7 years from tomorrow. if you haven't made a payment in 2 years, you still have 5 years left.
41342
Maybe, it depends on what kind of debt it is.  There are a number of different time frames for items to be removed from your credit report.  Inquiries remain on your credit report for 2 years. Delinquencies, collection accounts, charge-off accounts, chapter seven bankruptcy, and paid tax liens remain on your credit report for 7 years. Chapter thirteen bankruptcy remains on your credit report for 10 years. Unpaid tax liens remain on your credit report for 15 years. This information came directly from the credit bureau.  If you feel the information on your credit report is too old to still be reported, you should file a dispute with the credit bureau directly.
36070
The statute of limitations on debt is 7 years.  After 7 years it falls of your credit report.  This does not remove your responsibility of paying the debt.  Do the moral thing and pay the debt you owe.  Also remember that it's 7 years from the date of last activity, meaning that the 7 years starts when you made your last payment, *not* when you opened the card.
689498
Any account included in a bankruptcy remains on your personal credit report for a maximum of 7 years from the date the bankruptcy was filed. The bankruptcy itself, listed in the public record information section of a credit report, remains for either 7 years from the filing date if it was a Chapter 13, or 10 years from the filing date if it was a Chapter 7, 11 or 12.
236225
hi briezee1\nThe answer to this is going to be it depends.....First, Are they 100% accuratly reporting on your credit report? Second, Are the creditors the original creditor or collection agency?\n\nThere are a couple of ways of approaching this. If the debt is yours and is reporting 100% accurate I will concur with RICK that you have a moral obligation to repay the debt. With that said, I find it highly unlikely they are reporting 100% accurate.\n\nIf the creditor is an original creditor you may want to consider offering them a settlement. If it's a collection agency you may want to consider sending them a debt validation letter first. You want to know that you have a legal and contractual obligation to pay them and not the original creditor. \n\nIt is also important to know the date of last activity on the account. Even though negative credit may stay on your report for 7 years, most statute of limitations is much shorter. You will want to check your state statute regarding the debt.It is possible the SOL (statute of limitation) is up and the debt is no longer collectable.
1108905
You can't get rid of debts simply by waiting. However you can go ahead and file bankruptcy, and that will allow you to give only what you have left and close off your debts. Then you can start over.\n\nA statute (with a T) of limitations only applies to certain lesser crimes, to prevent someone from coming back 20 years later and prosecuting you for something you did in your youth - when evidence is hard to find and it's luck as to who has more evidence. Debt is not a crime, though, it's just a condition. So statute of limitations doesn't apply.
668687
it should be cleared, as well as all attempts to collect it after 7 years of default. you will have to do the leg work as creditors won't do it on their own, so push them and keep pushing them to remove it.
873525
Well, the law states that creditors can only put a negative mark on your credit file for 7 years. However, they can harass you for your entire life.\n\nIf it was me, I'd bide my time. It's only a couple more years, and no $7.00 debt is worth $500.00!\n\nJust don't give the creditor your new address!
541896
It can only be dissolved by the court that issued it. Most are for 6 months or one year. Once they expire, they're moot. One can petition to have the order dissolved or on good cause have it vacated and set aside if there is evidence it was entered erroneously.
1030694
Arizona Statutes of limitations\n\nAny capital offense: No Limit. \nContracts:\n 6 years. \n\n4 years if contract was executed outside of state.\n \nCounterfeiting(felony)\n no limit\n \nDrug trafficking no limit \nFiduciary duty breach 2 years \nForgery (felony) no limit \nFraud (common law): 3 years \nFraud in purchase or sale: 2 years from time of discovery.\n \nInjury to personal property: 2 years \nIntentional Torts: 2 years \nLibel / Slander / Defamation:\n 1 years \nMedical Malpractice Actions:\n 2 years within discovery.\n \nNegligent Misrepresentation: 2 years after discovery,  or reasonably should have been discoverd. \nOral Contract breach: 3 years \nPersonal Injury Actions: 2 years from the date of injury. \nProducts Liability Actions: 2 years within discovery.\n \nRape: No limit. \nRules for Minors: Limitation period begins to run on the minors 18th birthday, except in cases of wrongful death.\n \nSexual abuse of a minor No limit \nWrongful Death: 2 years
537303
The debt is void if request for payment has not been made in 7 years. If they contact you, requesting payment, every 6 years the debt is still valid until bankruptcy or death.
63396
It's seven years.  However the creditors can file for a three year extension if they choose to, which will make it ten years.
660755
Again, many wrong answers.  Wish you folks would take the time to read the Fair Credit Reporting Act and get your facts straight.\n\nYou have two dates to worry about.\n\nThe credit agencies report your debt for 7 years, beginning on the day of default.  NOT the date of charge off, date the collection agency reports it, or the date it's sent to a new collection agency!  If you owed a bill on Jan 1, 1999, and missed that payment, THAT is your default date, and it will not change!  There is even a position paper issued by the Federal Trade Commission that states this fact very clearly.  I do not understand why collection agencies tell you otherwise, other then the fact they are lying!  \n\nMany times, when a collection agency gets the account, they may not know the deliquency date, or they will bump the date up for whatever reason.  This is called "aging the debt" and it's illegal!  \n\nYour other concern is the Statute of Limitations.  This date varies from state to state from 4-10 years.  So you need to check what your state's SOL is...see the link below for that info.\n\nThat date begins on the last recorded transaction.  Again, using the above example, of you made a late payment on March 1, 1999, that is the beginning of your SOL.  There are a few other examples, but they get legally involved, so I won't go into it now.\n\nAfter the SOL has run out, you no longer have a legal obligation to pay the debt.  If they attempt to sue you, you simply file a motion to dismiss based on the expiration of the SOL, and it will be quickly dismissed by the judge.\n\nSo....do you pay?\n\nThat's where you gamble.  If the debt is large, it may be worth the effort of a collector to sue you.  If that collector is in the same area/state, that makes it even easier and more likely they will sue.  \n\nIf you want to try and hide out for another year, it's up to you.  but once they find you, and if they win a judgement, that will be on your credit report for 7 years, and they can continue to try and collect for a long time.