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buffybee

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Why are companies who buy your old collections allowed to start up a new bad credit record
A balance from 5 years ago was sold to a new collection agency and is appearing on my credit again.

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Find out what the statute of limitations is on old accounts in your state.  If the old debt is beyond that limit, dispute it with the credit reporting agency.  

Do NOTacknowledge that the debt is yours to the collection agency at any time or the clock could be started over.  

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