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How do you get a judgment listed as satisfied on your credit report?

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2012-08-14 01:08:42
2012-08-14 01:08:42
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A satisfied judgment will remain permanently on the credit report unless you request the company or person takes it off. Most people do not look at a judgment that has been on there over 7 years.

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.

The statement, "execution of judgment is stayed until final payment is received at which time judgment will be deemed satisfied" means that the judgment will be held against you until the debt is completely paid off. You can then get a letter of clearance to have the judgment removed from your credit report. Most debts will remain on a credit report for 7-10 years, even after they have been paid and satisfied.

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.

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.

Negative information cannot be removed from a credit report until the time limit for the debt has expired. The time limit for most judgments is 7 years.

== == A judgment will remain on a credit report for the full 10 years. If it is paid it will still show on the report as "satisfied" or similar wording. The time is determined by the date the judgment is issued.

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.

A foreclosure does not disappear from the public records section of a credit report. It is much like a judgment that is not satisfied. It stays on the report forever.

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.

There is no statute of limitations on a judgment. The only way a judgment can be satisfied is to pay the debt and then it will be removed from your credit report.

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.

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.

If a judgment was included in, and discharged by, your bankruptcy; there is no need to obtain a separate disposition. Write the credit bureaus and send a copy of your bankruptcy papers which show this judgment included. That should suffice to have the judgment removed from your report and the original tradeline from the debt marked "included in BK". Talk with an attorney or go to a bank that has a notary service.

Satisfied judgments do not get removed from a consumer's credit report until 7 years from the date they were filed. You might get lucky and the judgment be shielded from view 7 years after the original legal action was filed (once the satisfaction shows). It is possible, and legal, for the satisfaction to show for 7 full years from it's filing date (which may be different from the judgment filing date).

you sould go to a local bank and ask for a credit report

A paid judgment will remain on the credit report for the full seven years. It will simply be marked paid or perhaps satisfied. It will also remain part of the public court records, there is no way to expunge it from either until the SOL expires.

It means that a person or company got a court order or some other legal order directing you to pay. That is the judgment. Satisfying the judgment means that you have met all conditions of the judgment and it is no longer operative. For example, you were sued and lost, and a judge ordered you to pay x dollars for x years. When it's all paid, you have satisfied the judgment.

Usually, a judgment stays on a credit report for at least seven years. If you work with an attorney, it might take less time.

No, judgments typically remain on your credit report for 7 years. I work in the industry and can see judgments on peoples credit that have been there since the late 70's. It is all public record and will never complete go away until a satisfied judgment is certified and recorded with your local court house.

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.

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.

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.

Judgments do not have a statute of limitations on a credit report. They will stay on until they are paid off or satisfied.


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