Bankruptcy will not remove a judgment from the debtor's credit report.
The judgment will still remain for the required time if it is discharged in bankruptcy, settled or paid in full.
Valid judgments remain for the required 7 years.
Most judgments are renewable and can be reentered on the debtor's credit report whenever that action is taken.
No, a BK does NOT remove negative items in credit reports.
The credit bureaus and the original creditor that filed the judgment are the only ones that can remove it. You can contact the original creditor and try to negotiate removal of the judgment upon payment. You can also dispute the judgment to the credit bureaus and they have 30 days to verify the judgment or it must be removed from your credit report.
No you cannot remove a repossession off your credit report if your cosigner has a judgement on the repossession.
A judgment stays on your credit report until it is satisfied or proven falls in a court of law. The only way to remove it is to pay it off.
Judgments remain on your report 7 years from the filing date
The judgment remains as a court record. The credit reporting agencies should report that it has been discharged in bankruptcy. If the bankruptcy remains on your credit report for more than 10 years, you can tell them to remove it.
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.
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.
I dont know ask someone who cares
File a motion to vacate based on that fact. After the judgment is entered there is a SOL for filing that motion.
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.
AnswerIf it was true and accurate, no. maybeThat is often state dependant, but you should be able to have it removed once the debt is paid. If it is not paid yet, it is considered outstanding debt, and will stay on your credit report. No a valid judgment will remain 7 years or indefinitely if the judgment creditor chooses to renew it.If a judgment is paid or settled the entry will reflect such, but the judgment will still remain on the CR for a minimum of 7 years.YesOnly the court or the credit bureaus can remove judgments on your credit report. You can dispute anything on your credit report to the credit bureaus that you believe to be inaccurate or erroneous.
You can have a credit dispute, if the agency reporting the bad judgment does not get back with the company disputing the judgment within 30 days, it HAS to be removed from your credit report. Example: I filed bankruptcy(?) on a auto repo. and the company did not take it off my credit report, I had my credit card company do a credit dispute, they did not respond within 30 days, and it was removed from my credit report.
If the judgment names only one spouse as the judgment debtor it will not be entered on the non judgment spouse's credit report.
Yes, a landlord can report a judgment against a tenant. Often, the court will report the judgment to the credit bureau.
Contest the judgment through the three major credit reporting bureaus. They will contact the party and either verify that it was paid off and remove it or if they do not hear back with 20 days they will remove it from your credit report.
you sould go to a local bank and ask for a credit report
A paid judgment stays on a person's credit report for seven years. An unpaid judgment also stays on the report for seven years, but may be renewed. Tax liens are another item that stay on a credit report for seven years, if paid. If not paid, they remain on the credit report indefinitely.
A judgment will reduce you credit score. It takes about 7 years for an item on your credit report to be removed. You have to make a request for it to be remove from your credit after you 7 year period.
Usually, a judgment stays on a credit report for at least seven years. If you work with an attorney, it might take less time.
You can't do either. The judgment will remain until the expiration date. The judgment even if paid will remain for seven (7) years.
It means that you have that on your credit report for 8 years and that they have the right to collect the judgment from you.
A judgment on your credit report conveys the decision of a court concerning a lawsuit. Amounts owed to the creditor are described in the judgment. A lien on a credit report expresses the legal right of one party to keep possession of property belonging to another party.
A judgment stays on your credit report until it is satisfied or for 14 years. Sometimes it will stay on your credit report past 14 years.