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Posts Tagged ‘10 Years’

How to handle bad credit debt thats almost 10 years old but it still shows up on my credit reports?

May 3rd, 2009
bynam asked:

I have atleast 4 major credit debts that was in the early 90’s i thought bad debt only remains on your credit for no longer than 7 years its almost over 10 years but they still show up on my credit reports. Is there anything I can go legally to take those off my credit history, Specially now that I am trying to rebuild my credit.

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Will tax liens be removed from credit after bankruptcy?

April 4th, 2009
CC asked:

I am helping a family member get her life back on track. It looks like her best option may be bankruptcy.

If there is an unsecured, unpaid federal tax lien on her credit, will it be removed when she declares bankrupcy, or is it on there forever (unless she pays it)? I do not know how the situation came about, but the liens were placed against a home that was sold 10 years ago.

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