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How do you report someone that you have a judgment against but has not paid?
Wiki User
∙ 8y ago
, how I can I place a judgement against a tenant for non-payment of rent?
Wiki User
∙ 8y ago
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Can a judgment be dismissed if one of the party is deceased?
If the judgment was granted against someone other than the deceased the judgment is still valid and will remain until it is satisfied or paid in full.
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.
Why should a judgment be paid if it cannot be removed from a credit report before seven years have expired?
Short answer, a valid judgment can be executed against the debtor's non exempt property at any time. A judgment that has been perfected as a lien against real property is more likely to be implemented as a forced sale of the property in question. And a judgment accrues interest until it is paid or satisfied with the judgment creditor.
Can a judgment be removed from your credit report?
Yes...once it is paid.
What is a judgment in personal finance?
When a person is taken to civil court (for example, a credit card company suing a cardholder to get paid back), the court makes a judgment for or against the plaintiff (entity initiating the lawsuit, in this example, the credit card company). If the judgment is for the plaintiff, the result is effectively a judgment against the defendant (the person taken to court in the example). Part of the judgment is the amount that is to be paid to the entity winning the court case (judgment). Judgements against a borrower (and the amount set to be paid by that borrower) will make their way onto the credit report and will cause a drop in credit score.
Do judgments count against you if there paid in full on your credit report?
Yes. They remain as a negative item on your credit report for seven years from the date of the judgment, whether they are paid or not. You do, however, now have the right to ask that your explanation of the item be included in the report. You can provide the credit reporting agency with a paragraph explaining mitigating circumstances, such as that you did in fact pay the judgment in full.
How long does a judgment stay on your credit report and does the time limit start from the day it is filed or from the day it's paid off?
== == 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.
If your vehicle was repossessed and you now have a judgment how do you get the judgment off?
The judgment creditor must be paid in full according to the terms of the judgment order. Most judgments are renewable and can remain on a credit report indefinitely until paid.
When the credit bureau report updated on a judgment exactly what could they have updated on a judgment that was filed 4 years ago except paid?
If it was not paid in full or settled, the judgment may have been renewed by the judgment holder. Most judgments are renewable and can be kept on a credit report for an undetermined amount of time.
Why does a paid judgment show as a liability on a TransUnion report?
Did you file a satisfaction with the courts?
How long does a satisfied judgment stay on your credit report WA?
A satisfied judgment can stay on your credit report in Washington for up to seven years from the date it was filed. However, its impact on your credit score diminishes over time as you build a more positive credit history.
What does execution of judgment is stayed until final payment is received at which time judgment will be deemed satisfied mean and will the judgment actually be filed as to reach my credit report?
This statement means that the enforcement of the judgment will be postponed until the final payment is made. Once the payment is received in full, the judgment will be considered satisfied. While the judgment may still be filed on your credit report, it should reflect that it has been satisfied once the payment is received.
