Legal Question in Credit and Debt Law in Virginia

Old Debt

If a creditor reported me as being deliquent 9 years ago, how long can this old debt remain on my credit report? Isn't after 7 years the creditor can no longer report me. Is it legal for creditors to sell old deliquent accounts from 9 years ago and re-report that on my credit report? How many times can the same creditor re-report me for the same debt from the same line of credit?


Asked on 2/19/08, 10:18 am

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: Old Debt

I am not aware of any particular statute of limitation(state or federal) which would prohibit this kind of reporting. (Generally bankruptcies may remain on these credit reports 7-10 years.)

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Answered on 2/20/08, 8:03 am


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