How long before a debt becomes void ?

Answer 1

Well, most collectors stop looking for you after 7 years, as debts that old are no longer allowed on your credit report per FTC rules. However, 10 years is the rule on larger debts involving a judgement or bankruptcy. Also, a good tip is to never provide your phone number to the three major credit agencies (Equifax, TransUnion, Experian) because they will give it out to creditors without your permission.

Answer 2

there is some debt that never becomes void. I think that most debt, actually never becomes void. The only time debt disappears is when the company holding the debt decides to eat the loss and charge it off. Otherwise, it sets on your credit until you pay for it or pass away.

Answer 3

Debts NEVER become void. The Statutes of Limitations on debt cover various methods allowed to attempt to recover the debt on the part of the creditor, but the actual debt itself remains valid until paid or released by the creditor.