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  1. #1
    Join Date
    Dec 2006
    Posts
    5

    Question Questions About Old Debt

    I was recently served with a summons for an old credit card bill. I have settled the debt with the lawyer for the credit card company. After having this happen, I decided to pull my credit report to see what all was on there. I noticed that a couple of old debts were no longer on there (Credit Cards that I know I have not paid in over 5 years). If they are no longer on my credit report, can the companies still sue? I live in GA and will be moving this spring, I am trying to clear everything before the move. I was just wondering, as I am now able to start paying off the debt I acquired while being foolish and stupid. Thanks for any information in advance.

  2. #2
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

    Default Re: Questions About Old Debt

    You can be sued over debts which do not appear on your credit report.

  3. #3
    Join Date
    Jan 2006
    Location
    Kentucky
    Posts
    70

    Default Re: Questions About Old Debt

    Having been thru a bankruptcy - I'd say let sleeping dogs lie. It's wonderful that you can now begin to pay those old bills, but if you contact them and start paying there is a likelihood that some very negative information may suddenly appear on your credit reports that will be problematic. There's a strong possibility that those old bills are beyond the SOL, and can't be collected on anyway - check that out first. If they are protected under sol and no attempt to collect has been made - it's the cc company's loss. Count your blessings and apply your efforts to protecting your clean credit reports.

  4. #4
    Join Date
    Dec 2006
    Posts
    5

    Default Re: Questions About Old Debt

    Thanks you guys. I just wasn't for sure how that it worked.

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