File a motion to vacate based on that fact. After the judgment is entered there is a SOL for filing that motion.
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.
Judgments and other negative information that is valid cannot be removed from a credit report until the required time limit of 7 years (usually from the DLA) has expired. Most judgments are renewable and therefore can be reentered on a credit report and remain an idefinite period of time.
You can't. A valid entry for a dismissed chapter 13 bankruptcy will remain on a credit report for seven years from the date of dismissal.
If they are valid debt default entries they cannot be removed from the report until the required seven years have expired.
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.
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.
Judgments and other negative information that is valid cannot be removed from a credit report until the required time limit of 7 years (usually from the DLA) has expired. Most judgments are renewable and therefore can be reentered on a credit report and remain an idefinite period of time.
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.
Depends on how it was filed, but the judgment itself is valid a minimum of 5 years once it is awarded. Details can be found at http://www.sunbiz.org/corpweb/inquiry/jlien_how_to.html The length of time a judgment may show on your credit report is established by the Fair Credit Reporting Act, a federal law. FCRA 15 USC 1681c, Sec. 605, reads: "(a) Information excluded from consumer reports...(2) civil judgments...that from date of entry, antedate the report by more than seven years or until the governing statute of limiations has expired, whichever is the longer period." Certain states allow a judgment to be renewed. In Florida, a judgment is valid for 20 yeas, but must be re-recorded after the first 10 years. The re-recording could possibly trigger the judgment to appear on a consumers credit report.
A valid judgment will remain on a report for the required seven years. Keep in mind however, some judgments are renewable and can be placed back on the report at the time they are renewed.
You can't. A valid entry for a dismissed chapter 13 bankruptcy will remain on a credit report for seven years from the date of dismissal.
Some judgments will be removed according to the seven year time limit some will not. Many judgments are renewable, if that is the case the judgment can stay or be reentered on a CR. The "filed" indicates when the judgment became valid, and that is the date from which the seven year time frame usually begins.
If they are valid debt default entries they cannot be removed from the report until the required seven years have expired.
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.
No, a civil judgment item on a credit report typically remains on record for seven years. Once this period has elapsed, the entry is usually removed, and the judgment is considered satisfied. After the seven-year mark, it's unlikely that the judgment can be reopened for deposition solely due to its presence on the credit report.
Yes, the credit report has no bearing on whether a debt is valid and subject to litigation.
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.