That is probably the basis; but Bankruptcy stays on your credit report for 10 years if I'm correct. But every other thing drops off after 7years from date of last activity
2007-06-07 13:13:38
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answer #1
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answered by tastoller 2
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I don't know, but if so, it's outdated. People live alot longer than they did thousands of years ago, so seven years isn't long enough. The way bankruptcy is abused is shameful. I think a person should only be able to file BK once every 20 years.
2007-06-07 13:12:43
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answer #2
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answered by Anonymous
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Actually most things clear in 7, but bankruptcy and tax debit take 10 years.
2007-06-07 13:12:13
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answer #3
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answered by Anonymous
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wow
Interesting perspective.
Our law are based on Biblical principles, I never made that connection before.
My guess is "YES"
Nice job
The debt is not prosecutable after 7 years, I know a bankruptcy stays on your report for 10 years
2007-06-07 13:10:43
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answer #4
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answered by spam_free_he_he 7
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idk, but it is interesting huh?
2007-06-07 13:11:49
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answer #5
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answered by Midge 7
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