Q: for a utility question in 95/96- how would you calculate the date of expiration? Is it from the last payment made or when they sent it to collection (a year difference)? does the +180 days apply? Also, if the utility company applies a deposit to the bill 5 months after you submit last payment should this move the date?
In theory the account should have been written off as bad bets 210 days from the last payment you did make. In other words, once the account was 30 days late (R2), it became delinquent, then after an additional 180 days it would be written off as bad debt (R9). Unfortunately a entry is not made on a credit report for a utility bill unless you become a problem to them. It would make since that the date from which the 180 day clock would start would be when they applied the deposit. I don't think the date when they turned the account over to collections maters. So the account should fall off you credit report 7 years + 210 days from the date they applied the deposit.
