Credit Reports

The Equal Credit Opportunity Act ensures fairness by prohibiting lenders from discriminating against applicants based on factors such as race, color, religion, national origin, sex, marital status, age, or receiving public assistance. This helps to provide all individuals with an equal opportunity to access credit and loans.

Yes, a creditor/collection agency must obtain a writ of judgment from the civil court in the state where the debtor resides before any action can be taken against the debtor's property. The debtor will receive a final notice of judgment and be given a specified time to claim all exempted property from judgment action.

Lexington Law improves credit scores by identifying and disputing inaccurate or questionable items on credit reports, such as errors or outdated information. They work with credit bureaus and creditors to address these issues and help clients establish positive credit behaviors. Over time, this can lead to an increase in credit scores.

Lexington Law is a credit repair company. Their attorneys work to find items on your credit report that are having a negative effect on your overall credit score. In addition, they offer consulting and coaching to their clients.

A county court judgment typically lasts for 6 years from the date it was issued. After this period, the judgment may no longer appear on the individual's credit report or be enforceable through legal means.

The time it takes to enforce a judgment can vary depending on the specific circumstances involved, such as the complexity of the case, the availability of the parties involved, and any potential appeals. In general, it could take anywhere from a few weeks to several months for a judgment to be enforced. It's important to follow up with the appropriate legal authorities to ensure the timely enforcement of a judgment.

Any information regarding the payment history, performance, or resolution of a debt that is reportable to a credit reporting agency can only be reported for parties who obtained the debt. This means you would only see reporting on under your name if you co-signed for the mortgage loan that defaulted.

The actual foreclosure action on a home does not report to a credit agency any more than the sale of one does. What reports as "foreclosed" is the mortgage loan that did the foreclosing. This will only be reported on the credit for those who signed for and obtained the debt under which the home was foreclosed.

For example; if you own a home that is paid off and for which you carry no loans, you fail to pay the taxes, and the county "forecloses" by selling your home at a tax sale, you will not have a foreclosure reported on your credit report.

In South Carolina, a civil judgment can stay on your credit report for up to seven years from the date it was filed, as per the Fair Credit Reporting Act (FCRA) guidelines. This can negatively impact your credit score and ability to secure credit or loans during that time period. It's important to address and satisfy the judgment to prevent further credit implications.

Some common loopholes in judgments include ambiguous language, inconsistencies with existing laws or precedents, lack of thorough reasoning or evidence, and biased decision-making. These loopholes can undermine the validity and fairness of a judgment.

The amount spent on gas for a Hummer can vary depending on how much it is driven, current gas prices, and the fuel efficiency of the vehicle. On average, a Hummer H2 can get around 10-14 miles per gallon, and if you drive around 15,000 miles a year, you could spend anywhere from $3,000 to $4,500 annually on gas.

A Deed in Lieu Foreclosure can impact Social Security benefits if the forgiven debt is reported as income, potentially increasing the recipient's income and affecting benefit eligibility. It is important to consult with a tax professional to understand the implications on Social Security benefits.

Jurisdiction in a credit card lawsuit typically depends on where the contract was formed (Florida in this case) and where the debtor (you) resides (South Carolina). However, laws can vary, so it's best to consult with a legal professional.

In most cases, civil judgments do not have expiration dates. They remain valid until they are satisfied or released through appropriate legal processes. However, the laws regarding enforcement of judgments can vary by jurisdiction.

The Fair Credit Reporting Act (FCRA) gives individuals the right to know what is contained in their credit report. This law entitles consumers to request and review their credit report from credit reporting agencies to ensure accuracy and address any errors.

As of our latest information, Atty. Diogenes C. Villarubia is the Assistant Commissioner of the Legal and Inspection Group at the Bureau of Internal Revenue in the Philippines.

In Pennsylvania, civil judgments typically remain on public record for five years after they are entered by the court. However, creditors can renew the judgment for additional periods of time if they choose to do so.

Law reports serve as authoritative records of court decisions and legal precedents. They provide summaries of legal cases and judgments, which help legal professionals understand how the law is interpreted and applied in practice. Law reports aid in legal research, education, and the development of the legal system.

In Georgia, a civil judgment typically lasts for 7 years but can be renewed for an additional 7 years. This means that the creditor has up to 14 years to enforce the judgment against the debtor's assets or income.

Yes, a lawyer may choose to turn over an unpaid bill to a collection agency as a means to recover the debt. However, they must comply with applicable laws and regulations governing debt collection practices.

Our patriotic soldiers disputed every inch of ground during the battle.

Filing for bankruptcy can potentially halt or discharge existing lawsuits related to debts. Once bankruptcy is filed, an automatic stay goes into effect, which temporarily stops creditors from pursuing legal actions. However, the outcome depends on the specific circumstances of the lawsuit and the type of bankruptcy filed.

Most banks require individuals to be at least 18 years old to open a bank account and get a debit card without parental permission. However, some banks offer "junior" or "student" accounts that may allow minors to have a debit card with parental consent.

A sheriff court decree can stay on your credit file for up to six years in the UK.

Yes, there are laws and regulations that govern the establishment and operation of credit unions. These laws vary by country and may include requirements related to capital, governance, and membership eligibility. It is recommended to consult with legal and financial experts to ensure compliance with all relevant laws.

As of the latest estimates, there are over 1.5 million people of Indian descent living in the UK. This makes the Indian community one of the largest ethnic minority groups in the country.