My question involves collection proceedings in the State of: FLORIDA.
Ok, I had a Capital One CC that I defaulted on and it was eventually charged off and sold to a collection agency. I had 2 instances of the same account showing on my Credit File, the original Capital One and the Collection agency. The CC has "fallen off" my Credit File since it is past 7 years, however the collection agency is still on my Credit File. Is this legal? I was under the impression that once the DEBT is past 7 years then it "falls off". Can the debt continue to be sold and as a result this will stay on my Credit File idefinitely?
I have called Equifax and they are NO HELP!!
I'm about to contact a lawyer, but found this site and I'm hoping i can get some insight.