Share post
Share
Debt Consolidation Forums Debt Problems forums

How does renewed judgment affect credit?

Date: Mon, 10/17/2016 08:16
member profile picture
Posts: 1
Credits: 0
[Donate]

Can a creditor renew judgment? One of creditors won judgment against me 5 years back. Now, he has renewed the judgment. What does this mean? Will it remain on your credit report for another 7 years? Also, tell me how many times judgments can be renewed in Vermont?




Yes, a renewed judgment can appear on credit report again. Judgments have to be renewed prior to the running of the statute.

Sub: #1 posted on Thu, 10/20/2016 - 14:47

Good Nelly Good Nelly
Industry Expert
(Posts: 2700 | Credits: )

Attachment
More information
  • Files must be less than 500 MB.
  • Allowed file types: txt pdf jpg jpeg png.


DebtConsolidationCare (IAPDA member)
Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2018 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.763 seconds.