When will debts clear?

It is 7 years on almost all cases but your debts don't just disappear. You still owe the money and can still be sought after to pay them back, even if this means taking it to court.

You have to check your state. Every state is a bit different. Most states are 6 to 9 years. Some have stipulations, like in my state, that debt can be held in place for up to 15 years.

brock_jenkins: You have to check your state. Every state is a bit different. Most states are 6 to 9 years. Some have stipulations, like in my state, that debt can be held in place for up to 15 years.

Up to 15 years ???? 🤭 I heard 7 years max. Interesting...

It depends. The average seems to be 7 years but in some states and with some banks, it can be up to 15 years like mentioned. It is worth knowing the laws and your rights where you live when it comes to this kind of thing.

My friend's debt was gone after 8 years. The collection agencies stopped calling and stopped sending letters after the 7 year mark as well.