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I have a state lien on my credit report for the amount of $2389. Only $1600 of that is principle. The rest is interest and court fees. Can a state lien stay on forever? 7 years is just around the corner.

2006-08-04 14:01:23 · 4 answers · asked by Anonymous in Business & Finance Credit

4 answers

no I think you have to pay the interest on the loan the same as we all do

2006-08-05 20:51:48 · answer #1 · answered by Anonymous · 0 0

Business open to get reasonable amount of return. so you owed it and obgligated to paid it in full.It is a moral thing to do. You could ask for a settlement in writting, and with their mercy they may let you settle.
my suggestion after paid it off. never come back to the road again. you see how hard to get out of a hole. don't get in a deeper hole

2006-08-04 22:06:50 · answer #2 · answered by Hoa N 6 · 0 0

Yes, it can stay forever unless it is discharged by bankruptcy which is much harder to do under the newer laws

2006-08-04 21:07:17 · answer #3 · answered by Billy B 2 · 0 0

Answer NO. you owe it and it owns you like a slave.
Get smart work 2 jobs pay it off and get it out of your life like a drunk crack head ex.

2006-08-04 21:58:41 · answer #4 · answered by Anonymous · 0 0

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