The number you are porting must be active with your current service provider. The port-in process typically takes a few hours to complete, but could take as long as 2 business days or longer for landlines. If your TracFone service remains inactive over 30 days, you will lose your telephone number.
Collections & Your Credit. As far as Daveâs credit reports are concerned, these debts canât be reported forever. Collection accounts may be reported for seven years plus 180 day s from the original date of delinquency â the date he first fell behind with the original creditor.
The rules for the reporting of debts can be found in the Fair Credit Reporting Act, or FCRA. The act states that most negative items must be removed from your credit report seven years from the first date of delinquency. Some exceptions to the seven-year rule include: 1  Share this story. 2  LinkedIn. 3  Delicious. 4  Reddit. 5  Stumbleupon. 6  Email story. 7  Chapter 7 bankruptcy filings (10 years).