If you purchased a single-user license for an edition of QuickBooks, your license entitles you to install the software on a total of two computers, provided that you own both systems. These two installations enable you to work at your office on one system and continue your work at home on another computer.
When collections first show up on your credit report, you can expect your credit scores to drop anywhere from 50 to 100 points depending on how high your credit was to start. In general, the better your credit, the worse the hit will be. Over time, the collection account will affect your credit less and less.
the clock starts at the original date the account became overdue. Debtors reselling the debt does not restart the clock. Whether or not the debt is on your credit report, collection agencies can keep pursuing payment. Loading ... overdue funds will drop off 7 years from the date of the overdue. creditors won't be able to re-age a debt and record it for a protracted era than the unique obsolescence date.