New Contributor
Posts: 93
Registered: ‎10-10-2012
Can paying or settling old debt increase your risk of lawsuits?

First of all thank you to everyone on this forum for all the great information! I wanted to ask, if you start setlling and paying off old debt, does this increase the likelyhood of other creditors that have been quiet for awhile coming after you if they start seeing paid off or settled accounts  when they hard pull or soft pull your reports? Or am I just paranoid? 

 

 

Starting Scores: 9/19/2012 EQ 613 / TU 526 / EX 543

Current Scores: EQ 692 / TU 677 / EX 678 br>
Goal Scores: 700