When charge offs and debts finally are removed after 7 yrs will you get to start fresh?
It depends on what you mean “Fresh Start.” Once your debt is removed it is gone permanently. That doesn’t mean that you reapply you can get the same credit back. The companies keep a record of this and you might be denide. This does help you regain some of the points to help your credit score. I hope this is helpful. I was a Financial Counselor for 12 years in the U.S. Navy.
