Judgement on Credit Report
Date: Mon, 06/30/2008 - 11:26
Hi I was involved in an auto accident in June 2007 in New Mexico. I had Geico insurance. They appointed an attorney for me. Geico was sued and we lost the Court Case. The plaintiff was awarded $12K. Now this civil judgement is appearing in the Public Record section of my CR's. It does not show the judgement was paid in full (by Geico), it only shows what the plaintiff was awarded. 1- Is this hurting my Credit Score? 2. Should this appear on my Credit Reports when it was Geico who lost the case (albeit in defense of me)? 3. Is there anyway at all that I can have this item removed from my Credit Report? 4. If I can't remove it, is there a way to show the public record was from a court case and Geico paid it all in full? Can I have this judgement vacated?
This is the info from MyFICO.com Quote:Public records are leg
This is the info from MyFICO.com
Quote:
Public records are legal documents created and maintained by Federal and local governments, which are usually accessible to the public. Some public records, such as divorces, are not considered by your FICO score, but adverse public records, which include bankruptcies, judgments and tax liens, are considered by the FICO score. Your score can be affected by the mere presence of an adverse public record, whether paid or not. Adverse public records will have less affect on your FICO score as time passes, but they can remain on your credit report for up to 10 years based on what type of public record it is. Judgments specifically remain on your credit report for 7 years from the date filed. |
Here is the URL (if you want to read more about this topic):
http://www.myfico.com/CreditEducation/questions/Public-Records.aspx
This is indeed affecting your FICO score. Is it reported as a p
This is indeed affecting your FICO score. Is it reported as a paid or unpaid judgement? Contact the court of record and obtain a copy of the file if you have not already done so. SInce this is now a matter of public record it may be very difficult to dispute this off the reports. Reporting period for judgements is up to 10 years whether paid or unpaid.
Getting a judgement on a credit report
i was recently awarded a substantial judgement, and would like to get this recorded on the persons credit report - how do you go about this? The judgement was issue in the state of Missouri and the person has since moved to Texas.
