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Every profile is different, so results will vary depending on your situation.
However, on average, most clients start seeing deletions in as little as two weeks and complete the program in 3–6 months.
Any negative item can be removed, including but not limited to bankruptcies, collections, charge-offs, repossessions, medical bills, late payments, inaccurate personal info, student loans, inquiries, etc.
No, you still can be held liable for that debt. If the statute of limitation has passed, it may be harder for the creditor to file a lawsuit and prevail in court.