answersLogoWhite

0


Best Answer

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.

User Avatar

Wiki User

โˆ™ 2014-09-17 21:14:56
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar
Study guides

Credit

23 cards

What can a creditor do if you are in default on a credit card

What do you do when your application for credit is rejected

How can you get a loan with 470 credit score

Monique's previous credit card balance is 199.26 and she has a monthly finance charge of 1.5 How much will the credit card company assess in finance charges on this balance

โžก๏ธ
See all cards
3.5
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
2 Reviews

Add your answer:

Earn +20 pts
Q: How long does a satisfied judgment remain on New York resident credit report?
Write your answer...
Submit
Related questions

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?

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.


How do you proceed if you have a judgment on your credit and are prepared to pay it but want to have it removed from the courts and your 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.


How long does a satisfied judgment stay on your credit report WA?

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.


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.


How do you get rid of judgment?

Valid judgments remain on the debtor's credit report for seven (7)years. They cannot be expunged before that time. If the debtorpays or settlesa standing judgment it will be marked"satisfied" itwill, however, remainfor the required time limit. Most judgments are renewable. When a judgment is renewed it can be reentered on the judgment debtor's credit report. If that happens it will remain for another seven (7) years until paid. This is only one of several reasons why judgment/liens are extremely damaging for a judgment creditor.


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.


What is an outstanding judgment on a credit 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.


How can you prevent a judgment from being entered into your credit report or remove it after it has been reported?

You can't do either. The judgment will remain until the expiration date. The judgment even if paid will remain for seven (7) years.


Does an unpaid judgment come off your credit report in seven years?

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.


How long does a judgment stay on credit report in Texas?

The state of residence is not applicable when it relates to credit reports. A judgment will remain on the CR for seven years, but judgments are renewable and therefore if it is renewed it can be reentered on the judgment debtor's CR


How can you quickly remove a judgment from your credit report?

Bankruptcy. 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.


How long can a judgment remain on your credit report?

Most judgments will remain on a CR for seven years. Some judgments are renewable, in which case it can remain on a report indefinitely.


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?


How do you get rid of a judgment that was put on your credit report because you were a defendant in a law suit that resulted in the Plaintiff's favor?

The judgment will remain in the Public Records section of the credit report for seven years. In some instances a judgment can be renewed,if so, it can remain on the credit report indefinitely. There is nothing that can be done to have the data removed from the CR before the required expiration date.


How long does a tenant-landlord civil judgment stay on your credit report?

Generally such a judgment will remain on a credit report for seven years. Some judgments are renewable, state laws determine which ones.


How long does a bad debt stay on your record?

Negative credit information remains on a credit report for seven (7) years from the time it is reported. Chapter 7 bankruptcy remains for ten (10) years from the time of discharge or reportage to the credit bureaus. In some cases judgment liens they also expire after 7 years unless/until the lien holder renews the judgment. If a judgment is renewed, most can be, it can be reentered on the judgment debtor's CR and will remain until satisfied or the time once again expires. This is only one example of why judgment liens are so damaging for the judgment debtor.


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.


If you pay for the judgment is the co buyer also released?

Yes, but it will remain on your credit *as paid* for ten years.


How long will an unpaid judgment stay on your record and once removed from your record can the unpaid judgment still be enforced for example if you buy a car or house?

Judgments remain in the public recoreds portion of a credit report for 7 years. Most judgments are renewable and can be reentered thereby making it possible for a judgment to remain on the CR for an undetermined amount of time. Until a judgment is paid in full or satisfied, it is valid and enforceable and can impact any future financial transactions. The FCRA (Fair Credit Reporting Act) Statute of Limitations is 7 years for reporting, even if the Judgment is renewed by the Plaintiff who has the judgment against you, it cannot report after the SOL has run its' course.


Can a civil judgment be removed from credit report?

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.


Can a judgment be put on your credit if the debt was part of the bankruptcy?

Not if the debt was discharged in the bankruptcy. If the judgment was on the credit report before the bankruptcy was filed and/or was discharged in the bankruptcy, the entry will still remain on the CR for seven years.


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.


How long is a court judgment stay on record?

The majority of judgments are renewable and therefore can remain a part of public records indefinitely. A judgment will remain on a credit report for the required seven years and when/if it is renewed it can be reentered on the CR.


Do they remove the judgment after 3 years on your credit report?

Judgments remain on your report 7 years from the filing date


If you had a judgment against you and you put it on your Chapter 7 can they keep a judgment on your credit after you are discharged from your Ch 7?

Yes. If the judgment resulted in a lien against property. Even though the judgment will be discharged in the BK. The lien will remain on the property and the item will remain on the CR. Due to the negative effect of a BK, the additional notice of a judgment, is rather insignificant.