If someone sued you and won a money judgment against you, it would show up on a credit report if you failed to pay the amount, and a collection agency was engaged to collect it, but failed to obtain payment from you.
When a person wins a money judgment in a lawsuit, the court order will state the amount due to that person (the plaintiff) from the defendant who lost the lawsuit. Amounts ordered by a court can, alternatively, be collected by the County Sheriff's Department, on behalf of the person who won the lawsuit. Collections processed by the County are typically done via wage garnishment of the person who owes the money.
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.
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.
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.
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.
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.