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.
Late payments can be reported for up to 7 years from when the delinquency occurred. Say you missed a credit card payment several years ago, and you still use that credit card. After that late payment is 7 years old, that delinquency legally cannot be included in the history of that account on your credit report. If the account containing late payment information is closed, the entire account will be removed after 7 years.