Skip to main content

Debtconsolidationcare.com - the USA consumer forum

Repossession July 2006, lost lawsuit August 2008

Date: Thu, 11/06/2008 - 12:28

Submitted by anonymous
on Thu, 11/06/2008 - 12:28

Posts: 202330 Credits: [Donate]

Total Replies: 2


my vehicle was repossessed after 2 payments behind. There was a $7,800 deficiency (plus $3,000 in other fees) judgment in August 2008. When does this come off my credit report? Is it from the date of first delinquency, or now from the judgement. They just issued a lein on me the other day as well.

Thanks for any feedback!


When it is coming off your credit report really shouldnt be your big concern right now....now that they have a judgement they can garnish your wages if you are in a garnishment state plus empty out your bank account. Your major concern now would be resolving the lien.

Your judgement will be on your credit report for 7 years.


lrhall41

Submitted by SOAPLADY on Thu, 11/06/2008 - 12:54

( Posts: 17315 | Credits: )


Yes. You are correct. Any ideas on options? How do I "resolve the lien" as you have suggested?


lrhall41

Submitted by anonymous on Thu, 11/06/2008 - 13:48

( Posts: 202330 | Credits: )