What transpire when you dont remuneration your debt after 7 years?

i heard somthing about this..but im not sure if it be true..so i was wondering what you guys think or know going on for this..im still young and also curious..

Answers:    what kind of debts? freshly simple lates and collections will drop off after 7 years, bankruptcy will waste time longer
Its best to get copy's of your credit report and open a satchel on all debts with adjectives credit bureaus, requests proof of the debt from the creditors then they will send you adjectives they have on the debts, if they do not have the information your requesting they will hold to remove it from your credit file.
You really have to be aggressive and ring up these creditors and ask for letters releasing you from liability if they cannot prove you owe the money and they often cannot consequently they must release you.
The credit bureau will start the dispute for you. In the end you may have several gone and some not here that you can negotiate with depended on your credit file. Ask them to remove the unenthusiastic mark if you agree to pay afterwards offer a small percentage of what the bill is they will usually negotiate make sure you receive it in writing first before you reward. Sometimes you may just wait out the time constraint and start over then.
Hi,
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