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How do I remove a debt when the statute of limitations expires?

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Question: How do I remove a debt when the statute of limitations expires?
Answer: Credit bureaus can continue reporting delinquent debts even after the statute of limitations has expired.

In a nutshell, the statute of limitations is the amount of time collectors can sue you for a debt.

The credit reporting time limit is different. It's the amount of time credit bureaus can report delinquent account information on your credit report.

The statute of limitations on a debt can expire before the credit reporting time limit for that debt expires. In that case, the debt can (and usually will) still appear on your credit report. Furthermore, a lawsuit judgment can remain on your credit report until the statute of limitations if that time period is beyond seven years.

More FAQs on Debt Statute of Limitations

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