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How does renewed judgment affect credit?

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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

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