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CtheB

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Should stagnant old debts in collections over 5 years be paid, or wait to fall off credit report?
One 'expert' credit underwriter I spoke to said at this point I would be better to wait for old negative items to fall off my credit report, so that I don't have recent 'negative' information reported.

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That might be the right idea.  To be certain, though, check out the Statute of Limitations on Collections and learn what it is in your state.  This is the length of time a creditor has to sue for collectiion.  Most are between four and six years, depending on the state.  If you are still within the SOL, read the articles here about how to negotiate a 'pay for delete' agreement with a creditor.  And, if you haven't read the articles here at all, it would be a very good idea to buy out a bit of time over the next couple of weeks to do so.

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At this point waiting let them fall off

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