Some judgments/liens are renewable quite literally forever. Being judgment proof does not mean you are relieved of the debt. It is a term used to designate the debtor has no assets at the time of the judgment which could be seized. If sometime later the debtor becomes employed, receives an inheritance, etc. the creditor can enforce the collection of the judgment. How long it stays on the CR will depend on what type of judgment.
Can someone collect my income tax return for a judgment against me
There are agencies/operators that collect public records information which is placed in databanks. This information is then sold to other agencies such as credit bureaus. Some of the reasons it is handled in this manner is to assure the information is valid and to keep the necessary "paper work" at a minimum.
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.
Get a copy of your credit report from all 3 credit bureaus and file a dispute with each. They have a form you can fill out. You can get free credit reports from www.annualcreditreport.com
Individuals cannot report to credit bureaus concerning debts that they are owed. Individuals should file a lawsuit in the appropriate state court and when (if) they are awarded a judgment the judgment will appear on the debtor's credit report. Individuals cannot report such matters to the Internal Revenue Service.
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.
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.
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.
No, a civil judgment will typically remain on your credit report for seven years from the date it was filed, even if it has been paid. It may affect your credit score and ability to obtain credit during that time.
If the judgment names only one spouse as the judgment debtor it will not be entered on the non judgment spouse's credit report.
Generally, yes
you sould go to a local bank and ask for a credit report
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.
Can someone collect my income tax return for a judgment against me
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.
Yes...once it is paid.