i have several collections accounts where the account itself is 6-8 years old but the accounts are bought by collections services and relisted. my question is- should i be able to challenge these items based on how old they are or does the time start over from when they are "bought"?
If the date of last payment on these accounts are over 7 years old, the Collection Agency is not allowed to re-list them on your report because the collection agencies have to follow the date of last activity.
If the date of last payment on these accounts are < 7 years old, then the collection agency is allowed to list it on your report.
In either situation, double-check to make sure that they did not re-date the date of last activity.