Nope ... Unless they pay it off, or get it forgiven by the creditor or a court - they still owe the money.
Someone is my house hold owes time warmer over 1,000 dollars from about 10 years ago and they told me they start of with a clean slate after 5 years. Is that true?
Tell someone to stop watching ppv dirty movies lololol
All debts are erased after 7 years, except Child Support (Lifetime), Taxes (Lifetime), Bankruptcies (10 years) and Student Loans (Lifetime).
Technically you still owe the money, but creditors are not allowed by federal law to collect.
I would challenge them.
