The removal of a judgment from a CR does not mean it is not valid and collectible. Judgments are awarded for a 5-20 years duration and most are renewable. In the majority of cases they will remain valid until they are paid in full or a settlement is made. A judgment that is renewed can be reentered on a CR.
If a judgment goes in the bankruptcy, it can be removed. The person who the judgment was for, has the right to request that it still be paid. In most Chapter 7 situations, the judge will decide in favor of the debtor.
Depending on the state you live in, judgments can be renewed. If the person entitled to the judgment doesn't try to collect or renew, when the judgment expires, you should probably contact your court clerk to find out how to get it removed from all records.
The person whose property is encumbered will need to pay the judgment lien or file a lawsuit requesting the lien be removed valid proof that the lien is without merit will need to be presented at the hearing.
By "not yours" I assume the debt or whatever wasn't charged by you, or whatever...if you didn't file an answer to the initial lawsuit you are screwed unless you can prove fraud to the person that filed the suit...if you can, then they can probably have the judgment released, or dismiss the case without prejudice.
It is unlikely that the lender would allow you to be removed. A person who needs a co-signer is a credit risk. You agreed to guarantee that the loan would be repaid in spite of that risk. You may be able to sue the primary borrower but it is unlikely they could pay a judgment.It is unlikely that the lender would allow you to be removed. A person who needs a co-signer is a credit risk. You agreed to guarantee that the loan would be repaid in spite of that risk. You may be able to sue the primary borrower but it is unlikely they could pay a judgment.It is unlikely that the lender would allow you to be removed. A person who needs a co-signer is a credit risk. You agreed to guarantee that the loan would be repaid in spite of that risk. You may be able to sue the primary borrower but it is unlikely they could pay a judgment.It is unlikely that the lender would allow you to be removed. A person who needs a co-signer is a credit risk. You agreed to guarantee that the loan would be repaid in spite of that risk. You may be able to sue the primary borrower but it is unlikely they could pay a judgment.
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.
Only the person/landlord who put the eviction on can remove it or a court judgment in your favor.
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.
A person's wages can not be garnished unless a judgment is obtained in court against that person. People get sued all the time for credit card debt. Once the credit card company gets a judgment, then they can garnish wages.
I am not sure exactly what you are asking. I do know that a release of lien is to be signed by the person who holds the lien. If ordered by court that lien is invalid, I suggest contacting the court to find out the correct procedures. Adding to this-- You should ask the court if by winning would the judgment be "erased" from the books which would definitly be better since the judgment could show up on your credit. Erased or removed would be better than just showing released! Adding to this-- My understanding is that a lien notice is never removed from being recorded, it's just released by the holder by having another document recorded. Take your court order and record it against your property and then send that order to all three credit agencies and demand that your credit be cleared. Simply file a "Satisfaction of Judgment" in the office of the clerk of the court where the judgment was entered. (You can get the form in the clerk's office.) That will show that the judgment was paid. After you file the satisfaction, title companies will no longer report the lien as a debt. Credit bureaus will not release the judgment lien from the debtor's credit report because it is their policy to keep them on 7 years, paid or not. Also, there is no legal way to have the judgment "erased" from record (except a vacation of judgment, which does not apply here).
No one. The person left is not responsible for the debt. The credit cards want people to think that the family owes for the deceased debt, but they don't.
Being disabled does not exempt a person from FRCA laws.
It is usually not possible to transfer a contract phone into another person's name unless the contract time has expired. Once it has expired, the company that provides the service for the phone will perform a credit check on the person who wants to purchase your phone. If they pass the credit check, the company will write an entirely new contract for the other person.
The judgment continues to sit on your credit report. In some cases, the person or company that was awarded the judgment on you can file paperwork to have your wages garnished and/or have any property that you have in the future held (titles) so you cannot sell them until the debt is repaid. That is uncommon though. In most cases, the judgment just sits on your credit, continuing to make it worse. You should pay your debt.
Garnishments can only be issued on debts which have been taken to court and a judgment has been issued. A person can be sued and taken to court for a credit card debt.
A satisfied judgment can be taken off your credit, if it is inaccurate. If the judgment is yours, it will remain for the full reporting period allowed by law.Here is more advice:I have a satisfied judgment on my credit report. We satisfied this judgment 5 years ago. However, the plaintiff the judgment was awarded to, never bothered to give the court an order to mark the judgment satisfied. And I didn't know at the time that I could do it myself. I went down to the court Friday and gave them a 'request to vacate judgment' form. I have to wait a week to see if they will do it. If they don't, I'm taking the plaintiff in this judgment to court. I'm going to sue him for the amount of the satisfied judgment times the 5 years it's been reported to the credit bureaus. The credit bureaus are worthless and they are no help at all. They don't investigate anything. I found a lot of interesting websites with lots of info on how to fix errors on your credit report. If you want more info, email me and I'll send you a list of the URLs I found.The previous answer was a bit scary. Credit reporting is not the responsibility of the judgment plaintiff, nor the courts, nor the bureaus themselves. If a consumer is sued over financial matters that typically show on a credit report (judgments, tax liens, foreclosures and bankruptcies) those actions need their proper disposition. Obtaining that disposition is not anyone else's responsibility. It is up to the defendant to find out what steps to take to clear their credit. A lawsuit for failing to do so would most likely be unsuccessful.The lawsuit that he is speaking of is true and is valid, when and only after you have requested in writing, from the person who has put the Judgement on you, the filing of a satisfaction of Judgement, if they do not file within 14 day of receiving the written request then you can sue for the amount of the Judgement Plus 50 dollars according to California state law Code of Civil Procedure section 116.850. (116.850. (a) If full payment of the judgment is made to the judgment creditor or to the judgment creditor's assignee of record, then immediately upon receipt of payment, the judgment creditor or assignee shall file with the clerk of the court an acknowledgment of satisfaction of the judgment. (b) Any judgment creditor or assignee of record who, after receiving full payment of the judgment and written demand by the judgment debtor, fails without good cause to execute and file an acknowledgment of satisfaction of the judgment with the clerk of the court in which the judgment is entered within 14 days after receiving the request, is liable to the judgment debtor or the judgment debtor's grantees or heirs for all damages sustained by reason of the failure and, in addition, the sum of fifty dollars ($50).)Regarding the above note: Successfully petitioning for a Motion to Satisfy Judgement does nothing more than show that the judgment was satisfied within the negative entry in your credit report. It will remain in your Credit Report (showing satisfied) for 7 years as allowed by law. Now, if someone knows in DETAIL (please be specific with your answer along with Links if referenced) how to truly remove a satisfied/paid judgment within the 7 years then please let us all know.It should be removed automatically after seven years, but even a judgment that's satisfied can't be removed before then. Your credit history - the good and bad - is reported for a period of seven years.I went through the same situation with a satisfied judgment that wasnt updated by the plaintiff. However, I found the credit bureaus helpful b/c I was able to go online and dispute it through annualcreditreport.com along with other stuff I know I paid. They updated it within a week and I had about 5 accounts updated (even some I know I still owed) I pays to stay on top of your credit, some companies may change names, lenders, go out of business (you never know) So, my advice is to dispute it on your credit report. Anyway, Good Luck with your lawsuit.I agree with the above. I recently disputed a judgment that was satisfied but it wasn't being reported that way and they just deleted it.A satisfied judgment should stay on your credit report for 7 years from the last activity. It can only be removed by the court that placed in on your credit report or by the credit bureau reporting it. You can request to both to verify the account is yours and if they judgment is not verified it can be removed.A satisfied judgment does not have to stay on for 7 years at all. This is a myth. You must understand the law. It states that derogatory entries can stay on your report for 7 years, not mandatory that it will. The key is can stay on!! That part of the FCRA is in place for people who do not check there credit regularly. So it gives a limit to the holder of the debt or plaintiff to pursue resolution to get debt paid!!! To get removed all you have to do is get notice from original plaintiff that through the courts the debt has been paid. They will acknowledge this and get you a statement letter of satisfaction. Take that letter to the court that rendered the Judgement and they will update. The next step is in writing contact the Credit Bureaus and show cause for a dispute! The cause will be that per the original plaintiff the derogatory entry should be moved. They will have to investigate this for you and when they call the original plaintiff they will not respond and the Bureau will remove within 31 days. I have helped people get over 20 judgments removed this way!
THE ONLY POSSIBILTY THAT YOU HAVE ON RESOLVING A BANKRUPTCY IS TO MAKE SURE THAT THIS IS A DEBT THAT WAS DISMISSED. BANKRUPTCIES TAKE SEVEN YEARS FROM THE DATE THAT IS WAS FILED IN ORDER FOR THIS TO NO LONGER AFFECT YOUR CREDIT RATING. Bankruptcies remain on a credit report ten years from the time of discharge. A dismissed chapter 7 will remain ten years a dismissed chapter 13 will remain seven years. If the time has expired for the bankruptcy to be removed from the CR the person should write a letter containing all pertinent details including a copy of the date of the BK discharge or dismissal. Valid negative information of a credit report cannot be removed until the prescribed time limit has expired. Positive entries will remain an indefinite period of time, in some cases permanently.
It means that a person or company got a court order or some other legal order directing you to pay. That is the judgment. Satisfying the judgment means that you have met all conditions of the judgment and it is no longer operative. For example, you were sued and lost, and a judge ordered you to pay x dollars for x years. When it's all paid, you have satisfied the judgment.
Evictions do not appear on credit reports unless the person is sued and a judgment is entered against them. Judgments remain on a credit report for 7 eyars. Many judgments are renewable and can therefore remain indefinitely.
No, once you have been added to an account, you have to agree to be removed
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.
When an eviction judgment is placed against a person by the judge it is picked up by credit bureaus. Judgments for evictions are the same as those of lawsuits. There may or may not be any money involved.
Generally, if the agreement has expired it cannot be enforced.Generally, if the agreement has expired it cannot be enforced.Generally, if the agreement has expired it cannot be enforced.Generally, if the agreement has expired it cannot be enforced.
Maybe, it depends upon how the property is titled. Generally when a judgment debtor is married and the spouse is not a part of the judgment order, then real property cannot be attached by the judgment writ.
Tax lien will show paid--it won't be removed unless it was there in error or you have gone to court and had a judge state that it has to be removed.AnswerWhen a tax lien is removed because it's paid, the credit agency that reported it can be advised. Go to your local IRS office with the information and they can notify the credit bureau that has reported the lien on you. This happened to me once and the IRS updated the lien information with the credit bureau. I did all this person-to-person, it worked better than the telephone. AnswerAnything on your credit report can be disputed at anytime. It all depends on whether it gets verified or not on whether it comes off or not.