credit report
Date: Tue, 02/08/2011 - 20:36
If you are going to the court, then I think you should contact a
If you are going to the court, then I think you should contact a lawyer as early as possible. He will help you deal the case in the right way. Another thing, judgment stays on the credit report till 7 years from the date of filing. However, you should check whether the SOL period on the particular debt has expired. If it has so, then you can contact the credit bureaus and inform them about it. They will send you a reply within 30 days. You can also vacate the judgment by negotiating a settlement with the debt collector. Specify the amount you can possibly pay to the debt collector. If the collector agrees to it, then sign a settlement agreement with him. Stick to the terms of the contract. In the meantime request the collector to update the status on your credit report as "paid in full" or "dismissed".
