Credit Reports

How long do debts stay on your credit history before they are cleared?

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2005-11-25 14:12:28
2005-11-25 14:12:28

Most debts remain seven years, bankruptcies 10 years, judgments seven years to an indefinite period of time if they are renewable.

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Related Questions


The estate is responsible for the credit card debts of the deceased. That means before the estate can be settled, all debts have to be cleared. If there is not enough in the estate to cover them, they may not get paid.

In Georgia it will be the responsibility of the estate. No will is necessary to open an estate. Before anything in the estate can be distributed, the debts have to be cleared.

Debts are the responsibility of the estate. No will is necessary to open an estate. Before anything in the estate can be distributed, the debts have to be cleared.

Your credit history is exactly that... a history. Paying off your debts is certainly beneficial, but it won't immediately and completely wipe out any prior dings.

a credit report indicates your history of generating and paying debts on time.

As in all states, Nebraska requires the estate to be responsible for all the debts of the deceased. That means before the estate can be settled, all debts have to be cleared. If there is not enough in the estate to cover them, there are some people who will not get paid.

Yes, they will get in the way. Debts are the responsibility of the estate. Before anything in the estate can be distributed, the debts have to be cleared.

Credit ratings are intended to express the degree to which we can rely on people to repay their debts, based on their past history of either repaying or not repaying debts.

Having a good credit hisotry means if you want to open a line of credit, such as get a mortgage for example, the company will look on you more favourably than someone who has no credit history and hasn't proven they can handle the debts.

The estate is responsible for the debts of the deceased. That means before the estate can be settled, all debts have to be cleared. If there is not enough in the estate to cover them, there are some people who will not get paid.

Churchwood Finance offer loans for those with a poor credit history, CCJs, arrears and debts. Norton Finance also offer loans to those with a bad credit history.

The mortgage debt is the responsibility of the estate. The mortgage will have to be satisfied before the estate can be closed. Before anything in the estate can be distributed, the debts have to be cleared.

One of the first places to adverse credit loans would be by credit cards. Those are unsecured debts and will provide an adverse credit history if you avoid paying bills.

The estate is responsible for the tax debts of the deceased. That means before the estate can be settled, all debts, including taxes, have to be cleared. If there is not enough in the estate to cover them, they may not get paid.

The estate is responsible for all the debts of the deceased. That means before the estate can be settled, all debts have to be cleared. If there is not enough in the estate to cover them, there are some people who will not get paid.

My advice is to talk to your banker. Someone with a bad debt credit card should not have another credit card until they have paid off any debts before they further it. Companies will give you prepaid debit cards for people in this situation.

There is no set credit score that everyone is assigned after filing bankruptcy. How much your credit score drops depends on a lot of factors, including how many debts you discharged, what your score was before you filed, how many secured debts you reaffirmed, and what type of debts were discharged. Hope this helps!

A credit score is a measurement of factors in your credit history. It is a general score of how well you can manage and repay your debts. Although there are several different scoring standards, your payment history makes up a significant portion of your score.

A credit report tracks your credit reliability based on your history of making payments on your loans and other debts. A credit score is a numeric value based on a weighted formula and your credit history. To find out more on both your credit report and credit score go to http://cashmoneylife.com/credit-score-credit-report-difference/

You will need to make sure to include past experience of paying debts. Have as much information as possible about your good credit history.

When you have cleared all yourkarmic debts and attained salvation.

Besides paying your debts off or filing bankruptcy if you are unable to pay off these debts there is nothing you can really do to clear them from your credit report. Most debts stay on your credit report for seven years.

"What is the statute of limitations for debts and specifically credit cards in Nebraska?"

It depends on which debts are discharged in your bankruptcy. There are several types of debts, such as student loans, which consistently persist through bankruptcy. Moreover, you may be liable even for debts that traditionally are discharged, such as credit card debts, where there is even of bad faith and manipulativeness on your part, i.e. you racked up thousands in credit card debt in the days before filing for bankruptcy.


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