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How Long Can Creditors Try to Collect Old Debts?
When you are struggling to keep up with your debt, it can be frustrating to get a phone call from a collector asking for payment on an old bill you may not even remember owing. Fortunately, there are limitations on how long creditors can pursue old debts.
Read MoreGoing Over Statistics on Bankruptcy
If you are thinking about filing for bankruptcy, it is important to know that you are not alone. Across the country, many people file for bankruptcy each year and you should review statistics on these filings in order to understand the prevalence of these claims.
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