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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.
What else can I help you with?
What does it mean if a credit card company enters a judgment on you?
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.
Can a Credit Card Collection Agency put a lien or judgment on your credit and if so what does that mean?
If the collection agency works in tandem with a law firm (which is the case most of the time) then the answer is yes. What does this mean? If a judgment is granted by a judge, then it is the age old saying, pay me now or pay me later. Anytime your credit is ran (over the next 20 years) then it will show and credit will not be granted until the judgment is satisfied. Keep in mind if a judgment is granted interest probably continues to accrue until satisfied. If at all possible, it is best to inter into a stipulation agreement with the firm and work it out.
What does judgment satisfied mean?
"Judgment satisfied" refers to the legal status indicating that a court's judgment or order has been fulfilled or resolved. This typically means that the debtor has paid the amount owed, or the obligations outlined in the judgment have been completed. Once a judgment is satisfied, it may be recorded with the court to officially reflect that the issue has been resolved, preventing any further enforcement actions.
How do you dispute a judgment on your credit report?
I deleted two judgments butYou just dispute it like anything else on your report. give any reason like its not yours and dispute often online and in the mail at the same time mix them up. I deleted two judgment of my cdredit file took like 2 years. Just because it is off your credit report does not mean you do not owe it. A collection agency froze my bank account big 49.00. I can not have money in my name in a bank. Start a business account they cant touch that AnswerYou can dispute anything on your credit report including judgments that you believe to be inaccurate or erroneous by using the Fair Credit Reporting Act. This gives the credit bureaus 30 days to verify the judgment or it must be removed from your credit report. You can dispute something by just ask verification on it by mail, phone, or online.
What does it mean when they say that your credit report is suppressed?
When you suppress your credit report, that means that anybody who pulls your credit report will get no information back. It will not even give the header that comes on the credit reports. So if you are looking to get some type of credit do not suppress your credit report.
What does execution of judgment is stayed until final payment is received at which time judgment will be deemed satisfied mean and will the judgment actually be filed as to reach my credit report?
The statement, "execution of judgment is stayed until final payment is received at which time judgment will be deemed satisfied" means that the judgment will be held against you until the debt is completely paid off. You can then get a letter of clearance to have the judgment removed from your credit report. Most debts will remain on a credit report for 7-10 years, even after they have been paid and satisfied.
What does it mean if a credit card company enters a judgment on you?
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.
Can a Credit Card Collection Agency put a lien or judgment on your credit and if so what does that mean?
If the collection agency works in tandem with a law firm (which is the case most of the time) then the answer is yes. What does this mean? If a judgment is granted by a judge, then it is the age old saying, pay me now or pay me later. Anytime your credit is ran (over the next 20 years) then it will show and credit will not be granted until the judgment is satisfied. Keep in mind if a judgment is granted interest probably continues to accrue until satisfied. If at all possible, it is best to inter into a stipulation agreement with the firm and work it out.
What does election of remedy on credit report mean?
What does election of remedy on a credit report mean
If a civil court judgment for collection is on your credit report and you have written documentation that debt was dismissed does that mean that the item can be removed from your credit file?
Yes, you must send the judgment to all three credit reporting agencies, Trans Union, Experian, and Equifax. You can get there addresses of line by searching "credit reporting agencies".
What does judgment satisfied mean?
"Judgment satisfied" refers to the legal status indicating that a court's judgment or order has been fulfilled or resolved. This typically means that the debtor has paid the amount owed, or the obligations outlined in the judgment have been completed. Once a judgment is satisfied, it may be recorded with the court to officially reflect that the issue has been resolved, preventing any further enforcement actions.
What does it mean when it states claim filed with government on your credit report?
It means that a claim has been filed with a court for judgment and they are going to try to collect legally through a court. A judgment just gives them the right to pursue you or file for garnishment.
How do you dispute a judgment on your credit report?
I deleted two judgments butYou just dispute it like anything else on your report. give any reason like its not yours and dispute often online and in the mail at the same time mix them up. I deleted two judgment of my cdredit file took like 2 years. Just because it is off your credit report does not mean you do not owe it. A collection agency froze my bank account big 49.00. I can not have money in my name in a bank. Start a business account they cant touch that AnswerYou can dispute anything on your credit report including judgments that you believe to be inaccurate or erroneous by using the Fair Credit Reporting Act. This gives the credit bureaus 30 days to verify the judgment or it must be removed from your credit report. You can dispute something by just ask verification on it by mail, phone, or online.
What does it mean when they say that your credit report is suppressed?
When you suppress your credit report, that means that anybody who pulls your credit report will get no information back. It will not even give the header that comes on the credit reports. So if you are looking to get some type of credit do not suppress your credit report.
What does HC mean on a credit report?
HC on a credit report means High Credit. This is the highest amount of money a creditor has issued to you in the past.
What does NA mean on credit report?
Not Applicable.
If unpaid medical is not on your credit report can they charge you for it after the fact?
Yes. Some institutions/businesses do not report to credit bureaus. The debt not being placed on a credit report does not mean it is not completely valid and collectible.
