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After filing a judgment with the county clerk how does the judgment get on your credit report?
Wiki User
∙ 18y ago
There are agencies/operators that collect public records information which is placed in databanks. This information is then sold to other agencies such as credit bureaus. Some of the reasons it is handled in this manner is to assure the information is valid and to keep the necessary "paper work" at a minimum.
Wiki User
∙ 18y ago
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How do you find out the original lender and account number of a judgment when all you have from the credit report is a docket number and the county?
Take the docket number to the county recorders office and get a copy of the judgment. The information on the judgment will give you the name of the lender.
Is a stipulation recorded on credit history Is a stipulation the same thing as a judgment?
A stipulation is simply a condition that must be met as a result of the entry of a judgment. Sometimes, a stipulation may provide for the judgment to be dismissed upon satisfaction. In all cases, once a filing for a judgment is made (i.e the creditor files the lawsuit in court) there is now a public record of the judgment and that event is what shows up on a credit report. Most of the time, the result of the judgment is not going to show up in the credit report. So, if someone were to frivolously file 10 lawsuits against you, all ten will show up on your credit report, even tho they may all be dismissed by the judge. So, if you have a stipulated judgment that can be dismissed once it is paid, only the public records in your county will be updated to reflect the satisfaction of the judgment and subsequent dismissal... the credit report will only show the initial filing and amount. It is up to you to contact the credit bureaus and dipute a dismissed judgment and provide them with proof of the dismissal to have it complete removed from your credit report. Always get a Satisfaction of Judgment or an abstract from the court showing the disposition of the case if it is dismissed. These documents are sometimes required to be signed by the original creditor as well as proof the debt is satisfied. If a creditor doesn't sign it, it may not be considered legally paid. So, be thorough and follow through in order to make sure your credit report shows exactly what it should be showing.
How do you remove a paid judgment from a credit report?
If the judgment has been paid, the credit bureaus (such as Equifax, Experian and TransUnion) should reflect this in their credit reports. However, until the legislatively mandated time limits have expired, it will likely not be removed from the report.
How do you get a wrong judgment removed from your credit report?
Get a copy of your credit report from all 3 credit bureaus and file a dispute with each. They have a form you can fill out. You can get free credit reports from www.annualcreditreport.com
How does one report debt owed to them to the IRS and the credit bureaus?
Individuals cannot report to credit bureaus concerning debts that they are owed. Individuals should file a lawsuit in the appropriate state court and when (if) they are awarded a judgment the judgment will appear on the debtor's credit report. Individuals cannot report such matters to the Internal Revenue Service.
What is an outstanding judgment on a credit report?
An outstanding judgment is a court order that gives a creditor the legal right to collect from a debtor. As court judgments are a matter of public record, a creditor can report the judgment on the debtor's credit reports. An example of a judgment placed on a credit report would be a judgment for eviction. This judgment will remain on the credit report for seven years from the filing date.
Is it better to enter a judgment on a credit report before or after a bankruptcy filing. I have a judgment that isn't on my ex-husbands credit report. He is filing chapter 7 I won't be dismissed.?
unless the judgment is for damages from: intentional tort, fraud, drunk driving, spouse/child support, they yes your judgment will be discharged
Do they remove the judgment after 3 years on your credit report?
Judgments remain on your report 7 years from the filing date
How do you remove a judgment from your credit report that is not valid?
File a motion to vacate based on that fact. After the judgment is entered there is a SOL for filing that motion.
When a judgment expires on your credit report can the creditor renew it?
yes they can.just have to go to courthouse and pay 10.00 filing fee
How do you find out the original lender and account number of a judgment when all you have from the credit report is a docket number and the county?
Take the docket number to the county recorders office and get a copy of the judgment. The information on the judgment will give you the name of the lender.
How do you submit a court judgment to credit reporting agencies?
An individual cannot submit a court judgment to the credit reporting agencies; however the County will report the judgment to the bureaus only by using the complete name and address of the defendant.
How do you get a judgment taken off your credit report?
MOST JUDGMENTS, INCLUDING SMALL CLAIMS, CIVIL AND CHILD SUPPORT, WILL REMAIN ON YOUR CREDIT REPROT FOR 7 YEARS FROM THE FILING DATE.
How is a civil judgment entered on a credit report?
Credit bureaus contract agencies to search public records. The judgment is then reported to the credit bureau and the notation is placed in the file of the judgment debtor. False/mistaken judgment entries on credit reports are not uncommon and is a major reason why consumer's should check their report on a regular basis. A civil judgment is entered on a credit report 15 to 30 days after a court proceeding. If the judgment is in fact true in nature, you can negotiate with the creditor to pay them on different terms to keep the judgment off. If the judgment is not yours, you will need to find the state and county in which they were filed and dispute this information with all three credit bureaus.
Can you get a home loan with a judgment on your credit report?
It is up to each mortgage company to determine a person's credit worthiness and likelihood to pay a mortgage loan. Mortgage companies may not approve loans if there are derogatory credit items on a person's report, but this decision is often based on many factors. A judgment will appear on your credit reportfor seven years from the filing date.
Will filing a bankruptcy remove a judgment on credit report?
Yes, if it is not a perfected lien against real property and the debt was discharged in the bankruptcy.
Will a judgment be removed from a credit report if it is paid?
No. It will show that you had a judgment on your credit report for up to seven years, but it will show a zero balance.
