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dept

would a dept that has been on your credit for more them six years still show as outstanding dept.

Posted from: Alberta

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One Response to “dept”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

Typically a debt doesn’t excpire simply due to time. While there is a statute of limitations that stipulates a 2 year period for collections, the intersting thing is that the creditors can extend this 2 year period very easily. So as a result the debt typically still exists and you will have to find some way to deal with it.