BEST ANSWER
FIRST ANSWER
Yes, (speaking from experience) some collections will drop off after 7 years, but sometimes you may have to dispute some things that has been on your credit report for 7 years or more, and yes, some collections are sold to other companies, but keep working on your credit report , because I was able to clean my credit from 11 collections down to two collections that were reporting to the credit agencies. It took me right at 4 months or 5 months of disputing.
Good Luck.
Fri Oct 23 2009, 05:27