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.
1 Tax liens. 2  Paid tax liens will typically stay on your credit report for seven years from the date released (paid), while unpaid tax liens can remain on your credit report for 15 years. 3  Bankruptcies. 4  In general, the public record of a bankruptcy can stay on your credit report for 10 years.