this post was submitted on 07 Jan 2025
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[–] [email protected] 6 points 2 days ago* (last edited 2 days ago) (1 children)

Not really, there are time limits where they can't sue you anymore, and credit agencies will stop reporting the original debt holder, but you're on the hook for life, usually even if you pay it off if it passes more than one collector.

[–] [email protected] 1 points 2 days ago (1 children)

On you're "in the hook for life", but they also can't sue you to force you to pay?

Well then just ignore them.

[–] [email protected] 8 points 2 days ago (1 children)

Sure, as long as you no longer need credit that works out. Also since we're talking the US, that's as long as you don't need a job, to rent, to drive, or do anything else that requires a credit check.

[–] HeyJoe 5 points 2 days ago

But if I can't get a job due to debt how do they expect me to pay it? What a dumb system...