When a debt in collection is transferred to a new collector or lawyer does that become the new date from which it takes 7 years to remove? |
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Yes, sorry.
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I disagree with the first answer. If that was the case then nothing would drop off from anyone's cred it after 7 years. A collection agency could just sell the account back and forth. 7 years and it's done.
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I disagree with the first answer and I definitely agree with the second answer. It's done with at 7 years. Whoever answered the question the first time, probably did not read the question correctly.
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I agree with the second and third answer. 7 years is the total time it takes for the item to come off. If on collection agency buys it from another, they have 7 years total to get this debt collected.
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add on to the 2nd 3rd and 4th answer, it is from the original date the item first went in to collection. For example if the date is 1/2000 original date of collection with the first company the date that it comes off will be 1/2007 plus 180 days.
First answer by ID3631541442. Last edit by ID3631541442. Question popularity: 164 [recommend question].



