Greenwood is an important lake in the Skylands region. Historically known as a resort community and playground for celebrities â Cecil B. deMille, Babe Ruth, the Jeter family, and others in sports and the arts â Greenwood Lake still offers adventure, fun, and relaxation for families and singles.
1 The credit report drop-off time is seven years plus 180 days or six months from date of the delinquency, not from the date of the charge-off.  All civil suits and some criminal arrests, as long as the statute of limitations is not longer than seven years.
Delinquencies are missed payments on trade lines and stay on your credit report for seven years. One missed payment can drop your score anywhere from 60 to 130 points depending on your original score. The higher your score is the more your score will drop due to a late or missed payment.