Is it true that after 7 years your debt get wiped off your credit report? Do that also apply for stu

I owe student loans so i was unable to get my income taxes back. I tried to make an arrangement plans but i could not pay the amount they wanted. Is there something i can do to be able to get my income tax back for next year?

Is it true that after 7 years your debt get wiped off your credit report? Do that also apply for student loans

students loans don%26#039;t go away they stay there if the are n default then they will be there even as they are offset in all refunds and rebates

Is it true that after 7 years your debt get wiped off your credit report? Do that also apply for student loans

Students loans are NOT wiped out by bankruptcy.

And no the companies can continue coming after you regarding student loans 10 or 20 years (and even more) after you stop paying.

If that means garnish your tax refund then thats what they do until you die, or until you pay the entire outstanding amount back, or you earn enough to pay the monthly amount they want.

Is it true that after 7 years your debt get wiped off your credit report? Do that also apply for student loans

Student loans do not go away.

Is it true that after 7 years your debt get wiped off your credit report? Do that also apply for student loans

Hell no as a credit rep. The gov. loans such as ffl stafford etc... are debts that can be erased after seven years of non payment. Student loans is basically UNCLE SAM!

u no wat Uncle Sam says....BYTCH BETTA HAVE MY MONEY

1ST allow me to correct you after 7 years of non payment the creditors will stop trying to pursue the bad debt. People have a mis -conception about the 7 year debt removal. You still owe that bad debt, it is not completely gone. Creditors can no longer legally harass you regarding the bad debt after 7 years.

Is it true that after 7 years your debt get wiped off your credit report? Do that also apply for student loans

The statute of limitations on defaulted student loans was eliminated by the Higher Education Act. Section 484A removes all limitations and gives the Department of Education or the guaranty agency (bank or lender) the ability to file suit, enforce judgments, initiate offsets, or other actions, to collect a defaulted student loan regardless of the age of the debt. Statutes of limitation are no longer valid defenses against repayment of a student loan.

Here is a link to get some help with this issue

http://www.fair-debt-collection.com/sear...

Is it true that after 7 years your debt get wiped off your credit report? Do that also apply for student loans

The 7 years your speaking of is only when no activity has occurred on a reported account. There is no statue of limitation on debts you owe. If a creditor listed a debt/collection then went out of business then after 7years it would purge, however all a creditor has to do is update th bureaus once every 7 years and it will be there forever. Also student loans being in default is a government default which means you will not be able to obtain an FHA or VA loan as it is reported to the CAIVRS, which is why the IRS takes your refund every year. Wish I had better news,sorry

Is it true that after 7 years your debt get wiped off your credit report? Do that also apply for student loans

Like in your situation,I would like to advise you have a look here.http://creditreport.online-helper.info/c...