Debt collectors can pursue old debt until the Statute of Limitations (SOL) expires. In layman's terms, this is the period of time legal action may be taken. Each state sets the time period. Three and six years is the most common. Once this time expires, you're off the hook for the debt.
But you're not off the hook for damaged credit.
Debts will continue to damage your credit for seven years (unless removed). This will stop you from getting the home, car, credit cards, and even job, you need.
Get Your Collections Removed Professionally
In some cases, we recommend speaking with a Credit Repair professional to analyze your credit report. It's so much less stress, hassle, and time to let professionals identify the reasons for your score drop.
If you're looking for a reputable company to increase your credit score, we recommend Credit Glory. Call them on (866-529-4304) or setup a consultation with them. They also happen to have incredible customer service.