If the path of the earth around the sun doesnât have any affect on the seasons, what causes seasons? As the earth revolves around the sun, it also spins around its axis, which is tilted at an angle of 23.5 degrees. It is this tilt in the earthâs axis that is responsible for creating seasons in the hemispheres.
Accounts to a debt collector are reported to the credit bureaus as being charged off or sold to a debt buyer. The debt collector then reports the debt as a new account that is added to your credit history. The original account and the collection account can stay on your credit record for up to seven years, at which time both are removed. The Nolo website says you may be able to get collections removed early as part of a payment agreement with the debt collector, or the original creditor if the debt hasn't been sold.
Active positive information can remain indefinitely (if an account is closed that has been positive, then it will typically remain on your report for 10 years after the date the account is closed). Collection Accounts: A collection account remains for 7 years from the initial missed payment that led to the collection. Public Records: Chapter 7, 11 and 12 bankruptcies remain for 10 years from the date filed. Completed Chapter 13 bankruptcies remain for 7 years from the date paid, and 10 years if not completed.