can a debt be claimed back after 6 years?
413722
Usually a debt becomes statute barred after 6 years. Your best bet would be to go to your citizens advice bureau to check.  I am sure I am right though.  Usually you would also get a free consultation with a solicitor who deals specifically with debt.  Try it - you have nothing to lose.  You have to ask yourself why they would be trying to collect the debt all these years on.
945804
No. Each state has a statute of limitations, it is usually 6-7 years depending on where you live. For example, in NY if you incurred a debt 1/1/2000 and never paid on the account, the SOL would be up 6 years later, on 1/1/2006. Usually it starts from the date of first delinquency. A company cannot collect, you do not have to pay it, and a court will throw out a judgment that is outside the SOL.\n\nUnder the FCRA, they also cannot list a debt on your credit report that is over 7 years old, regardless of the SOL. If you see this on your report, dispute as "the 7 year reporting period under the FCRA has expired". The Fair Credit Reporting Act does not allow bad debts to be listed for more than 7 years, except bankruptcy which can be listed for 10.\n\nBy the way, do not, and I mean DO NOT under any circumstances pay this debt if it is over 9 years old. It will reset the SOL, and also the 7 yr reporting period, which means it can be listed for another 7 years on your credit report. One of the worst mistakes people make is they think paying old debts will help their credit. It won't! Making a payment causes the Date of Last Activity for the account to be updated to this month, instead of 9 years ago, and your credit score will plummet.
105812
after about seven years assuming you have cleared your debt.  However, if you are nearing the 7 year mark and it is yet unpaid, it is in some cases actually better to not pay it and let it disappear, otherwise you pay off the debt but have to wait another 7 years before it clears from your credit history statement. Nothing like waiting 6 years and paying something off and having another 7 years on your credit history saying it's paid but paid way late.
1186924
7 years after you pay the fine you owe I believe.
570110
you will have extremely bad credit for having a debt over 10 years
800646
Short answer is yes and after seven years your credit history would be clean aswell. I just moved in this country and didn't tell them where and they wrote my debt off but my credit has been screwed for years, and if i could go back i would not do it again
729343
There is a statute of limitations, but how long it is depends on what you signed when you arranged for the bond.  \n\nIf the document you signed was a promissory note, the limit is 5 years.  If it was a contract, the limit is 10 years. \n\nOdds are it was a contract, since there was no certainty that there would actually be a debt.  You agreed to it, and even if you weren't 18 at the time, you've gone past the time you could disaffirm it.  \n\nI suspect you're going to have to pay them, with interest for the past six years, plus that attorney's fees.   \n\nIt's probably too late to even get your friend to turn herself in for them to get their money back.
1061923
I used to work as a financial counselor and I was suprised how many people were misinformed when it comes to their credit. Bad credit can be a blemish on anyones credit history for a long time, and for some reason there seems to be something magical about the number 7. Supposedly their is a statute of limitations on bad credit that is supposed to disappear after 7 years. Actually that is quite further from the truth. The actual statute of limitations is 7 years from the date of your first defaulted payment. Not only that, but the debtor is not allowed to sue you in court for compensation of a bad debt after that time. It doesn't mean it disappears. So as you probably know, there are many collection agencies that make quite a profit annually collecting on these bad debts. So what does one do if it isn't collecting on it successfully? It can sell it to another collection agency, and all of a sudden your credit report can have 2-3 collection agencies all showing the same debt, but affecting your report 3 times worse! Worse yet, even if you paid a debt and it remains on your report, the only thing you can do is right a formal letter to the credit bureaus to make a notation on the account, but getting it off isn't quite that easy.\nSo the point is you should always try to stay current on your debts, and pay off any outstanding debts that you may have. If for some reason you can't, you can call the collection agency and try to come up with an amicable payoff that you are both happy with, because only they can truly remove that stain from your credit. Debtors are the ones with direct contact with the credit bureaus. \nOne last warning, NEVER pay a company to clean up your credit. This is wasted money, as anything they do, you can do also. Good luck!
1098728
The statute of limitations has run on that debt.  What you can do is contact the person and make them promise to pay anyway, and then another year will run from the subsequent promise.  You must sue before a year's time. Get your friend to agree to pay you back the money owed plus interest and fees.  Even is he/she makes a fake promise just to get you off their back, the courts will uphold.
695909
If it's been 10 years since you made any payments, wait another 6 months and the charged off account will be off your credit report and won't matter anymore.  Some of them may have fallen off after 7 years anyway.
539317
There is probably a statute of limitations, where you can only sue/be prosecuted within a certain time frame around when the original problem happened.  You'd need to check if it is less than 6.5 years.  Even then it can be hard to prosecute against.
253808
MOstly, no.\nBut there are some exceptions.\nFOr instance,\nA judgement normally falls off in 10 years, but if it is renewed in court, it can go right back on.\nIf you have a charge off and it falls off in 7 years, it could come back on in a few cases such as acknowledging the debt, by trying to be nice and pay something.  Also, they can sell the dept to a collection agency, who can then add that negative trade as well.\n\nThat is why I usually counsel my clients to do a chapter a7-11, and just discharge the debt because the creditors could care less about you.  Trust me, they could care less.\n\nIT is a business and you have to treat your personal credit like a business too, and remember, you are just a number to them.  A NUMBER and nothing else.  They don't care if you live or die.  As long as they think they can eek a dollar out of you, they will.\n\nThis is a complex subject, and impossible to fully address without a complete rundown of your situation.  I suggest you seek the guidance of an attorney who specializes in credit matters, in your area of jurisdiction.
513880
7 years from the last date of a collection attempt.
467151
The debt may be charged off but they will still be looking for you.  The debt was probably sold to a collection agency.  \n\nWord of advice, once you come back and start seeking new credit, it will flag your credit history with your new address.  Once the collection agencies get hold of it, they will come looking for you.  So take whatever precautions you can.\n\nI can't give you much information on the Statute of Limitations, and how it will effect you.  Most states have certain clauses related to people who leave and come back to the state, or bring their debts from another state.  I don't know what your situation is, so you need to investigate this also.  Restarting the SOL could add more years to your legal liability.\n\nCheck out the link below for info on this.
198948
Yes you can file it. If they owe you money the time has ran out to get it back. They only go back 3 yrs. If you owe them money you might have to pay penalties. I know it is better for you to file it late if you owe than to have them open it up.
526301
Shouldn't be too much trouble...you can go back 3 years.  If you owe, like the first person said, you'll have to pay what you owe and interest.  it shouldn't be too bad though.
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.