The Grinder
Member
What is the name of your state (only U.S. law)? IL
So I learned a hard lesson about debt, I havent made a payment to my debtors since May 2013, and in Illinois, the statue of limitations is 5 yrs on CC debt, but what if one of the debt collections company tries to contact me or bill me after the 5 yr period? Or wont they?
Also I think the debt will stay on my credit report for another 2 yrs, is there anyway via the 3 major reporting companies that I can get it removed sooner? Am I entitled to a breif paragraph explaining the debt is expired?
Thanks in advance for yr help!
So I learned a hard lesson about debt, I havent made a payment to my debtors since May 2013, and in Illinois, the statue of limitations is 5 yrs on CC debt, but what if one of the debt collections company tries to contact me or bill me after the 5 yr period? Or wont they?
Also I think the debt will stay on my credit report for another 2 yrs, is there anyway via the 3 major reporting companies that I can get it removed sooner? Am I entitled to a breif paragraph explaining the debt is expired?
Thanks in advance for yr help!