To remove a judgment in Alabama, you typically need to file a motion with the court that issued the judgment. This may involve demonstrating valid reasons for the removal, such as proving the judgment was entered in error or that you have resolved the underlying debt. If the judgment is for a debt that has been paid or settled, you can also request a satisfaction of judgment. It's advisable to consult with a legal professional for guidance tailored to your specific situation.
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.
In Alabama, a judgment can stay on your credit report for up to seven years from the date it was filed. This can negatively impact your credit score and ability to get credit or loans during that time. Make sure to resolve any judgments as soon as possible to improve your credit standing.
File a motion to vacate based on that fact. After the judgment is entered there is a SOL for filing that motion.
Contest the judgment through the three major credit reporting bureaus. They will contact the party and either verify that it was paid off and remove it or if they do not hear back with 20 days they will remove it from your credit report.
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You can't do either. The judgment will remain until the expiration date. The judgment even if paid will remain for seven (7) years.
The judgment remains as a court record. The credit reporting agencies should report that it has been discharged in bankruptcy. If the bankruptcy remains on your credit report for more than 10 years, you can tell them to remove it.
Absolutely! If by your query you mean can a creditor in Delaware sue and get a judgment from someone in Alabama. If you mean leaving a state where a judgment has been granted and it being enforced in the state you move to, the answer is still yes. It just would be a little more difficult and the additional cost would be passed on to the debtor.
Car repos result in a balance due once the vehicle is sold at auction. If the creditor has won a court judgment you would not be able to remove it. Your best strategy is to act prior to the judgment by offering a settlement. See "working with a collection agency in So you want to fix your credit huh". www.wowifixedmycredit.com
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.
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If the lender/collector sues the borrower and wins a judgment the judgment can be executed as a wage garnishment. The maximum under federal law being 25% of the judgment debtor's disposable income, with the first 30 x minimum wage allowance (weekly based) being exempt from attachment.