Fix the credit? If someone has some infirm outstanding debts (2000/2001 and prior), what is

If someone has some infirm outstanding debts (2000/2001 and prior), what is the best scenario to fix the credit? If he's going to ask 3 agencies for his free credit report, he will have to supply his address. Is this going to show up on the report later? What about creditors? If the final payment be made, on any account, in the order of 6 or 7 years ago, is it ok to ask for this report now or better hang around to make sure it's be 7 years? Will these debts disappear from report after 7 years? Can the creditors go after him still?

Answers:
your credit report wont show the free reports you request, you own the right to get the free reports every three months near no adverse actions on you rack up. the 7 year rule is 7 years after they stop reporting to the bureaus. not seven years from last costs so be careful. your best process to clean your credit and if you are within the position is to call respectively of the creditors and work out a partial payment to them. most will adopt this since they probably have wrote the money sour. they will usually take give or take a few 1/3 of what you owe and some will take even smaller number. if they have stoped reporting the info over 7 years you also own to ask that it be removed. finally the last choice is to call the three credit agencies and dispute the info the creditors enjoy to respond within 30 days and if they don't it will automatically come bad you report. give it 3 months after you do any of the above to show a metamorphosis in your rack up.
good luck.

if you enjoy the means to settle it off it will definately be within your favor, but remember the are probably charged off already and you can come to an agreement beside them for probably half or smaller quantity than you owe. again good luck

Wait until the statute of limitations are up on the debt. You will need to check beside the state to find this out, because each state have different time limits on debt.

I hold posted a article below on the Statute Of Limitations and how it effects your credit.

Good Luck

First, check your state's statute of limitations on debt. The creditor may not be capable of collect on them. For example, if is (if my memory serves me right), 4 years in California. Even if hte creditor sell the account to a collection agency, the collection agency will not be capable of collect if the last leisure, purchase or payment, is more than 4 years hoary. I don't believe the agencies ask for a current address, at least not on-line. Try annualcreditreport.com and see. It doesn't business when you run the report.

the credit report is free every 12 mths you can dispute the one that be on for 7years you can do it yourself in writing and If you compensated off your debts distribute them a copy of the paid contained by full they suppose to remove it ,but you have to distribute to all 3 of credit bureau

This is the best thing...
All ripened debts,,,,call creditors see if they will construct you a deal.
By in a minute they think near not going to get compensated anyway..
If your lucky they might tell you they don't know you...if thats the overnight case ask them very other to fax or mail you a epistle...
Show the credit bureau the letter they will clear your moniker.

You do not give your age . You own asked SIX questions at once. I will do my best to explain to you what my opinion is.
Rather than try to dodge former credit bombshells, I would travel to a NON PROFIT Credit Counselling office and ask them to relieve you to straighten things out. State the same question that you have asked here and be honest.

Otherwise, if you do not build things right NOW, this situation will cost you MUCH more in hysterical worry trying to dodge bullets and follow you where you go.
It have been my experience within life that peace of mind is more costly than anything else

Good Luck !!

call them and wages them.. and they may stay on your credit report up to 7 years after..