Is It True That All Debts Are Supposed To Be Cancelled After Seven Years?

Is It True That All Debts Are Supposed To Be Cancelled After                                          Seven Years?

By: Anthony Joseph Hopkins / February 21, 2020

        Praise The Lord Saints!!  Praise The Lord!!  How are you doing today?  Fine, I hope.  I want to ask a very important question.  Is it true that all debts are supposed to be cancelled after seven years?  I am asking this question because I have a student loan from the University of North Caroline at Charlotte.  The total of my debt right now is $13,330 dollars.  I would like for everyone to please pray for me because the interest is compounded daily. 

       

Next, I want to say that I was enrolled in classes on August 21, 2003.  I ended up borrowing $3,500 dollars just to enroll for a semester of classes.  However, the University of North Carolina at Charlotte withdrew me after six weeks during the Fall Semester simply because I did not have my required vaccination shots.  Even though I enjoyed the classes that I have taken, but I could not attend classes for the rest of the Fall Semester. 

        Also, I went to my doctor at Americare Healthcare Clinic, which is located in Charlotte, NC for a DNA Tracking Test.  The test results revealed to me that I have had all of my required vaccinations.  Dr. Fidelis Edosowan told me that I have had all of my shots.  I thought about enrolling into Graduate School here in Dayton, Ohio at Wright State University. 

        Moreover, the Financial Aid Advisor stated that I was not able to enroll in any classes because my student loans are currently in default.  I did not expect to pay $13,330 dollars in student loan debts 17 years later.  I am really hurt because all of my other debts got cancelled after 10 years.  I know that I also have to pay a legal judgment of $1,115 dollars to the Mecklenburg County Court System in order to receive another apartment in the Charlotte, NC Area again.

       

In Addition, according to a Paralegal with the Lexington Law Firm, I really do not have any-more negative items on my current credit files.  It is that, I still want to know why my student loan debt did not get cancelled after seven- years.  Obviously, this debt has been bothering me for almost 20 years not.  The company that has my student loan debt in Collections is William and Fudge Collection Agency in Rock Hill, South Carolina.

 This company stated that I have to pay over $300.00 dollars per month.  Even though I am on a fixed income right now because I receive Social Security Disability of a total of $959.00 month.  I have informed an agent at William and Fudge that I can only pay $50.00 per month.  I really do not know exactly what they are going to do, but, I have to pray that I do not end up in jail by the end of this year.

        Finally, I want to inform all of you that in the New Testament, Romans 13:8 says: Owe nothing to anyone except to love one another.  I really love this Bible verse because love is what we all need in order to survive with Jesus Christ.  I know that my credit has varied from time to time.  The debts that I have accumulated over the years are my fault.  I have received things on credit without paying for them.  Therefore, I am a welsher.  I really cannot understand how my credit score is 665.  I really do not see it.  I still have debts to pay.  I do not understand why my student loan debt did not get cancelled?  I have to do something just to pay this loan off hopefully by the end of this year.

        Everyone, please keep me in your prayers.  If I have offended anyone by the content of this essay, I am very sorry for hurting everyone.  I am asking a question regarding consumer debt.