...and you want to do business with that company again, will they allow you or will doing that start the reporting time all over again?
I have a neg with wama that went to bankruptcy and 6 months later got a new account with them there all different,Cap 1 is different if you die and come back to life they'll remember you.
Some creditors have the memories of elephants. Into this category fall Citi and Amex very definitely. It's called a "blacklist" and Amex even has a way to get off it (their "Oasis" program). So if you indicate who you owe, or search for their name on the boards in conjunction with the term blacklist, you may find your answer.
Once a negative item falls of your credit reports, it will stay off. But as flacorps mentioned don't expect any new credit from the outfit that once was the creditor that originally put that negative item on your report. Instead of calling it "blacklist", a more appropiate word would be "s..tlist.. Like when you were in school and sent to your principal's office every day.
No. You likely won't see it again from the original creditor, but junk debt buyers are notorious for re-aging and re-posting obsolete derogs with newly minted delinquency dates. It's then up to the consumer to fight 'em over it.
