Legal Question in Credit and Debt Law in West Virginia
statute of limitations/clean record
Does a persons name always remain on record at the credit bureaus,collection agencies,and original creditors even though no communication from them has ever been answered in 7 plus years,concerning a bank loan and credit card debt ?
1 Answer from Attorneys
Re: statute of limitations/clean record
Yes, your name and credit history should appear on a credit report. Once you establish credit, your credit history is a matter of record for the credit reporting agencies. BUT, any negative information in the report may be questioned and REMOVED if it is more than 7 years old. This even applies to filing bankruptcy. It must be removed from your credit report after 7 years. BUT banks and other creditors can get around this by simply asking you on your loan application if you have EVER filed bankruptcy.
My advice would be to obtain a copy of your credit history. There are several internet sites that provide them for free. Simply search for "free credit report" and follow one of the corresponding links.
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