Old credit problem?

Depending on where you live...you have a SOL right. say your state is 6 years. if they didn't take you to court and get a judgment on you within the 6 years. they can only TRY to collect the money owed. If they take you to court after you SOL is up. you explain your rights. your SOL rights and it will be dismissed. and you never have to pay the bill. and it does come off your credit report after 7 years.

Judgments are different. pay them as fast as you can. 12% adds up quick and last 20 years.

It sounds like your debt was sold to other companies over time. You need to go to annualcreditreport.com and pull your credit and see if and what is on there. These items can and should be disputed if they are in fact on the report. This is something you can do yourself however some people hire a specialist to help because of how much time must be put into it and because sometimes the reports can be hard to read if you do not read them all the time.

No, because you probably didn't file for bankruptcy. If you don't pay your credit debts, it will stay on your credit report forever until you pay. Then it will come off in 10 years, not 7 years.

Whenever you make money on a job, these collectors will somehow get your money or they can take you to court.

The deal is that the credit card companies sold their accounts receivable to someone else who is now trying to collect on the accounts.

The credit report doesn't have anything to do with collection agencies or collectors. Whatever is or isn't on there won't affect the collection letters and so on.

No, they will keep selling the debt and keep selling it and keep selling it etc. etc..

It will haunt you for the rest of your life.