judgment
Date: Wed, 10/27/2010 - 23:14
What is judgment? How does it affect credit score?
A judgment is obtain by being sued. Your creditor will use the
A judgment is obtain by being sued. Your creditor will use the court system to get a judgment against you. Once a judgement is obtained, they can garnish wages, levy bank accounts and put leins on property.
Judgments are extremely negative to a credit rating.