Credit Reports
Improving Your Credit Rating
Credit

What if you paid a judgment is it on your credit?

User Avatar
Wiki User
July 14, 2005 3:44PM

Most likely. Judgments are among the legal items which can be reflected on an individual's credit report. The others are tax liens, foreclosures and bankruptcies. The status (paid or unpaid) is beside the point with legal items. What is needed is for the judgment to have its' proper "disposition". This would be a Satisfaction of Judgment or an Order to Vacate Judgment (dismissal). The disposition needs to be granted in the same jurisdiction as the original judgment and be recorded. You could then forward a certified copy to all three credit bureaus in order for the item to be properly reflected. The impact to your credit is severe, but having a disposition is necessary to prevent the legal item from stopping future borrowing efforts.