When we began Seattle Bites Food Tours in 2008 we wanted to select those âhidden gemâ merchants who had outstanding food and who many visitors might not easily find among the crowds on a busy day at Pike Place Market.
The credit card companies have six years to collect a debt. The time starts when the credit cards make their last entry on your credit report. It is not your last payment as credit cards will continue to show late charges and interest penalties.
Time Frame. States usually give companies a time frame in which they can try to collect on a debt. The statute of limitations can be more than 10 years in some states or as soon two years. The credit reporting agencies can report a collection account or charge-off for seven years. However, the clock on the reporting time limit doesn't start until six months after the delinquency that leads to a charge-off.