They are likely to sue you. Sorry, not helpful, but true. You may look at bankruptcy. The SOL restarts each time you admit you owe them but can't pay.

Seven years after "date of last activity," negative remarks should be deleted from your credit history. The problem is, no one knows exactly what "date of last activity" is because credit reporting agencies won't say. Some credit card companies say that "date of last activity" is the last time the debt was sent to a new collection company. Obviously that can't be true, or they could keep sending the debt to new collection agencies forever. However, for most poeple's purposes, "date of last activity" is that date the last payment was made on the card. If it's been seven years since you've made a payment and the negative remarks still appear on any or all of your credit reports, you should consider some credit repair from a reputable company or learn to do it yourself. I don't endorse them, but I've good things about freecreditreport.com, even though the credit report you get from them isn't always really free.

Go to my web site and go to sample letters. Send letter to credit agencies as indicated and a copy to creditor. Get your credit report. It will tell you the date of last payment. If this fails, see a consumer lawyer in your area. To find a consumer lawyer in your area, go to

http://naca.networkats.com/members_online/members/directorya.asp?token=

Want to know the law without going to law school? Protect yourself against ripoffs? Sign up for a free legal newsletter on various areas of consumer law by going to www.ConsumerLawyerHelp.com