Judment on credit report if paid immediately?
Date: Thu, 07/19/2007 - 18:16
The situation is this : CA sues debtor, CA wins at trial, debtor pays amount of judgement in full at that time.
In this situation, does the judgement still go on the debtor's credit report?
Courts do not put judgements on cra records.The cras usually emp
Courts do not put judgements on cra records.The cras usually employ third party grubs*cough Lexis-Nexis cough* to put on report.If it hits report let us know and we can gear up a dispute plan to remove it.Hint it is easier to remove a paid judgement than unpaid.
Ok so what if it starts out as unpaid but then is paid off?? Doe
Ok so what if it starts out as unpaid but then is paid off?? Does that make it different??
Curious minds,
Ang
A judgement can stay on your report for upto 10 years.
A judgement can stay on your report for upto 10 years.
The fair credit reporting act determines the length of time it r
The fair credit reporting act determines the length of time it reports.If a judgment is paid and not being reported as paid,you can dispute it.For legal protection,when a judgment is paid demand that the court issue your satisfaction of judgment papers.