the other thread was informative but there was a question someone asked and it was never ansered. if you are over 30 days late on a specific credit card account and after 120 days it goes to a collection agency,does the delinquency(30 days late) come off the report after 7 years since the first time you were late or does the clock keep re setting everytime a new collection agency buys your debt? it can go on indefinitely?