Do charge offs go away after 7 years?

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asked May 14, 2018 in Law & Legal by Murfmeen98 (340 points)
Do charge offs go away after 7 years?

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answered May 14, 2018 by Grahlu (51,270 points)
Yes after 7 years the charge off must be removed from your credit rating.

That goes for any other delinquent accounts as well.

Any debt that has been sent to collections should be removed from your credit report after 7 years have passed as long as you don't restart the clock by talking to the debt collector.

After 7 years have passed the debt collector can no longer legally chase you for the debt owed to them and the debt has to be removed from your credit report after the 7 years.

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