Account Receivables

Question by Aunt Bee: Is the a law on how long a bad debt can stay on your credit? Someone opened an account at a Gym in my name back in 2000.I first found out about it in 2003 and contacted the collection agency and told them it wasn’t me and I’m not about to [...]

Question by Crystal A: So I have paid off all my bad debt on my Credit report? Ihad a judegment on my report for the amount of 1766.00 when I called they told me the total amount was 4700.00 because of Intrest, but they would settle it and send me a paid in full letter. [...]

Question by jsciborek: Is there a way to find out if a Creditor has dropped, forgave or wrote off as a bad debt, Your credit w/them? I want to know if there are any websites or anyway, to know for sure if a creditor has forgave or wrote off your debt to them? Best answer: [...]

Question by monique o: I have paid off my bad debt can i get these paid off items off my credit report? ok so i finally paid off all my old debt they were all in collections. How can or can I even get these things off my credit report if so how do I [...]

Question by 5zerocool: If I’m paying down my bad debt, how long before my credit gets better? I just found out that my credit score is 527. Very poor! I plan on cleaning it up this year starting tomorrow, how long before I see improvements? This is one of my new years resolutions. Best answer: [...]

Question by Cameron05: If a bad debt is no longer on your credit report are you obligated to still pay it? And even if its no longer on your credit report is this still affecting your credit score and any new credit you apply for? Best answer: Answer by emankcinA debt is a debt, regardless [...]

Question by knowledge: Should i take a settlement opportuity for a bad debt on my credit report at 75% off the entire balance? The debt is a checking accout from 2005 where I allowed someone to rent a car in my name using my checking account, and i didn’t receieve the money from the person [...]

Question by jwsiriusjw: Is is legal to sell a bad debt to a collection company and they report the same debt on your credit report? I had a credit card I defaulted on and they sold it to a collection company and the collection company put it on my credit report as well as the [...]

Question by Clueless in NY: Bad debt, Should I retain the services of Credit Solutions? I’m in a hole of horrifying debt. So in an attempt to do something about it, I am retaining the services of Credit Solutions. Only one problem, I”ve been with a debt settlement company before and they did absolutely nothing! [...]

Question by CHRIS C: Does anyone know of a reputable credit repair company for accounts already reported as bad debt? What I would like to know is how to clean up my credit report of items that have already been placed there. Best answer: Answer by no bodythose end up costing you more than if [...]