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Once a debt is defaulted the balance is due in full. Even in collections, the time is past when a consumer should think of making payments. This is especially true once a judgment has been granted by a court of law. A judgement requires a legal disposition. Paying the amount would not "lift" the judgment. However, upon payment in FULL, the defendant would be able to go back to court to obtain the disposition which is a Satisfaction of Judgment. In order for future credit applications not to be impaired by this issue, it is imperative for the defendant to obtain the disposition, have it recorded in the same jurisdiction as the original filing, and forward a certified copy to all 3 credit reporting agencies. Depending upon the states' laws which govern this judgment, the defendant may be able to have the judgment dismissed with an Order to Vacate Judgment. This would "lift" the judgment, as a judge would declare the legal action invalid. If the debt and the legal procedure were valid, the chances of this happening are slim.
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∙ 19y ago
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How can judgement be lifted if you start paying on it?
A judgement can be lifted on only after it's payed off.
Does paying a judgment improve credit report?
Yes it does. It shows that eventually you do pay.
How do you satisfy an unsatisfied judgment after another collection agency bought the account from the first collection agency that originated the judgment?
you "satisfy" a judgment by paying balance in full or settlement. but understand that once a judgment has been issued by a court then there can be no one else that does this.
Can you go to jail for not paying a bank loan?
Jail is not a penalty for not paying a bank loan. The bank can bring a judgment against the person who does not pay the loan back.
I recently received a civil case judgment which the defendant was found personally liable not his business?
If the defendant was found personally liable, you may not receive much from this judgment. A judgment just says the money is owed, it doesn't provide the remedy for paying it.
How can judgement be lifted if you start paying on it?
A judgement can be lifted on only after it's payed off.
If you are officially paying off a judgment today from 2000 will the statute of limitations start today or continue from 2000 to possibly leave next year in 2007?
It will start the day you pay off the judgment.
Is bankruptcy and a county court judgment the same thing?
when automatic stay is lifted what can occur to the debtor?
What do i have to do to get an injunction lifted against me in england?
To get an injunction lifted against you in England, you will need to satisfy the terms of the injunction. Usually this means paying the fees and fines.
Can your wages be garnished for not paying a student loan without getting a judgment?
No.
A levy was lifted on the account now the creditor wants to garnish wages Can this be done?
Yes, a creditor can garnish wages even if a levy was lifted on the account. This would require a judgment and the court documents.
Does paying a judgment improve credit report?
Yes it does. It shows that eventually you do pay.
How do you repair landlord tenant judgment from your credit?
Paying the judgment will help, but you will have to wait 7 years for the judgment to fall off your credit. Once the judgment is paid, it will show other landlords that you will fulfill your obligations, regardless of the stain on your credit.
How do you satisfy an unsatisfied judgment after another collection agency bought the account from the first collection agency that originated the judgment?
you "satisfy" a judgment by paying balance in full or settlement. but understand that once a judgment has been issued by a court then there can be no one else that does this.
Is there a way to get out of a writ of execution?
Other than paying the debt, the only method for having a judgment quashed is to prove that it is invalid due to the content or the method in which the named person(s) was notified. Unlike the lawsuit summons itself, a debtor must receive and acknowledge the receipt of a final judgment notice before the judgment can be enforced.
Judgment on the title for a hospital bill from 1977 the hospital revived the judgment 4-27- 06 what are the limitations for these things in Pennsylvania?
Paying the bill is one way to get the judgment to go away. But, almost 30 years???
Can you go to jail for not paying a bank loan?
Jail is not a penalty for not paying a bank loan. The bank can bring a judgment against the person who does not pay the loan back.
