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Judgments will stay on your credit report for up to 7 years whether paid or not. You can dispute your judgments to the credit bureaus by sending dispute letters to each of the credit bureaus. The credit bureaus will have to investigate the items and if they are paid they have a greater chance of being removed.
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∙ 13y ago
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How do you remove liens or judgments once your chapter 13 is discharged?
You cannot have liens or judgments removed unless you write the credit bureaus and give them a copy of your discharged bankruptcy. Some liens and judgments will not need to be paid but will still remain on your credit report.
If civli judgments are paid off why are they not removed from your credit report?
they stay for 6 years. u can ask the courts to mark as settled with prof of payment to the debtor for a small charge of £15
Is it true after 6 years your credit rating goes back to zero?
no things can be removed by writing to the 3 bearus the statue of limitations is 7 yeasr and 10 for judgments if paid and 10 for bankruptcy but they generally don go away with out a letter of expiration to the cbr
Can judgments be removed from your credit report?
ya after they fall off in 7 to 10 years depending on the type of judgment
Can you be responsible for judgments against the previous owner of your property?
Absolutely yes, if you didn't make certain they were paid by the former owner before you paid for the property and took title.
Can you ask the credit report agency to remove paid judgments?
Of course.That doesn't mean they will comply. Judgments, whether paid, satisfied or unpaid are a matter of public record. So, even if your efforts were successful, the legal item would still remain at the courthouse in which it was recorded. Most likely, it would find its' way back onto your credit report.AnswerConsumers have the right to dispute anything on their credit report they believe to be inaccurate or erroneous. This could be just as simple as asking for verification on an item. They must do an investigation though and it must not be verified for it to be removed.
What is the maximum amount that can be paid from the real estate recovery fund for many judgments in several transactions against one licensee?
$150,000
Can you pay a fine to get a judgment removed from your credit report?
No, judgments remain on a credit report for seven years. Some types of judgments are renewable and therefore can remain on a report an indefinite amount of time. If you are willing to pay a fine, why not just pay the judgment?
Can a non-paid judgment be removed from your credit after 7 years?
Pehaps, but in most cases it would be temporary, as the majority of judgments are renewable and can legally be reentered on a CR. ----------------------------------------------------------------------------------- The Judgement will "fall off" of your credit as long as the Plaintiff does not petition the court again. I am speaking first hand here! Y-THINK-Y
If I have a judgment lien and and have paid it in full what is that called?
Paying a judgment lien in full is generally considered to be a "satisfaction of judgment". Terminology may differ from one state to another based on its laws and customs. In New Jersey, the holder of a judgment that is paid in full must give the debtor a document entitled "Warrant of Satisfaction of Judgment". The debtor sends this document to the state office where judgments are docketed so that the judgment can be listed as paid and the judgment lien removed.
How can you remove items on your credit report that has already been paid?
first dispute the paid items. If they are paid then they should be removed with this step..
How long does a judgment stay on your credit report after it has been paid?
Judgments will remain on a credit report for the required 7 years regardless of the status.
