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Send message to eeberbach
Sub: #1 judgement on the credit report?
Replied on 08-27-2007, 03:50 PM
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How long does a judgment stay on your credit report?

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Send message to Lukeskywalker
Sub: #2
Replied on 08-27-2007, 03:52 PM
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I think it is 7 years. If I am wrong, then someone will correct me soon.



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Send message to ladybug
Sub: #3
Replied on 08-27-2007, 04:03 PM
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Read this website and it can answer your question:

ladybug

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Send message to Morningstar
Sub: #4
Replied on 08-27-2007, 05:15 PM
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10 years.

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Sub: #5
Replied on 08-27-2007, 05:48 PM
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Public records (judgments/tax liens/BKs) stay for 10 years from the date of entry.

Deragatory credit items (tradelines) are 7 years (plus something like 180 days) from the date that the account first became delinquent.


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Send message to DebtCruncher
Sub: #6
Replied on 08-27-2007, 06:42 PM
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I stand to correct myself.

BKs are 10 years. Everything else only 7 years + 180 days, even judgments ...

Quote:
15 USC 1681c. Requirements relating to information contained in consumer reports

(a) Information excluded from consumer reports
Except as authorized under subsection (b) of this section, no consumer reporting agency may make any consumer report containing any of the following items of information:
(1) Cases under title 11 or under the Bankruptcy Act that, from the date of entry of the order for relief or the date of adjudication, as the case may be, antedate the report by more than 10 years.
(2) Civil suits, civil judgments, and records of arrest that, from date of entry, antedate the report by more than seven years or until the governing statute of limitations has expired, whichever is the longer period.
(3) Paid tax liens which, from date of payment, antedate the report by more than seven years.
(4) Accounts placed for collection or charged to profit and loss which antedate the report by more than seven years.
(5) Any other adverse item of information, other than records of convictions of crimes which antedates the report by more than seven years.

...

(c) Running of reporting period
(1) In general
The 7-year period referred to in paragraphs (4) and (6) of subsection (a) of this section shall begin, with respect to any delinquent account that is placed for collection (internally or by referral to a third party, whichever is earlier), charged to profit and loss, or subjected to any similar action, upon the expiration of the 180-day period beginning on the date of the commencement of the delinquency which immediately preceded the collection activity, charge to profit and loss, or similar action.


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Send message to Morningstar
Sub: #7
Replied on 08-27-2007, 07:17 PM
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I'm interpreting that a little differently...

-7 years, OR the life of the judgment--whichever is longer (and judgments can be renewed).

and

-7 years after the judgment has been satisfied.

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