Legal Question in Credit and Debt Law in New York
Old Debt
I have a current debt with a creditor that is showing on my credit report that I want to pay off. I also have old debt with them that isn't on my credit report anymore. If I pay the current debt will that allow them to put the old debt back on my credit report?
Asked on 2/15/08, 1:08 pm
1 Answer from Attorneys
Debra Palazzo
Law Offices of Debra Palazzo, LLC
Re: Old Debt
No.
Debt can only stay on report for 7 years. If it is older than that they can not report it.
Answered on 2/15/08, 8:00 pm
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