Credit repair

Judgements

Post reply Start a topic

Author

Message

Options

	Print this topic
	Invite a friend
	Email this topic

Bookmark online

	Add to del.icio.us
	Add to YahooMyWeb

appelcatherine

Joined: 06 Aug 2008
appelcatherine's page
Posts: 2

63 Magic Points

Subject: Judgements

Wed Aug 06, 2008 10:24 pm

Can Judgements on a credit report that are over 7 years old be removed?

goodnatured

Joined: 03 Nov 2007
goodnatured's page
Posts: 3138

5338 Magic Points

Thu Aug 07, 2008 1:34 am

That will depend on the law according to your state, what state are you from, someone will come and let you know the laws for your state. I will check back in a bit if nobody gets to it and you leave the information, I will find it for you.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!

erb1953

Joined: 31 Dec 2007
erb1953's page
Posts: 631

8 Magic Points

Thu Aug 07, 2008 3:31 am

I can look that information up for you too, leave your state please.

Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 412

10749 Magic Points

Thu Aug 07, 2008 6:35 am

Hi appelcatherine
Judgments whether paid or not stay in your credit report for seven years or until the statute of limitation in your state has expired, whichever is later. Any judgment in your credit report will be automatically removed by the credit bureaus. If you find it not removed, you can send dispute letters to the bureaus asking them to remove it from your credit report.
_________________
Best Wishes
Justin

Mary

Joined: 06 Jul 2006
Mary's page
Posts: 322

8655 Magic Points

Thu Aug 07, 2008 6:59 am

Justin is right. But as far as I know, there are certain states in US like California where judgments can stay for ten years. In California, the creditor also has the right to renew the judgment for another ten years and so your judgment may stay in your report for 20 years and this extension of ten years can be done repeatedly by your creditor.
_________________
Where there's a will, there's a way !!

cathy
Guest

Subject: Judgments

Thu Aug 07, 2008 3:29 pm

I am in CA so I guess I am screwed!

appelcatherine

Joined: 06 Aug 2008
appelcatherine's page
Posts: 2

63 Magic Points

Thu Aug 07, 2008 10:39 pm

I am in CA so I guess I am screwed

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 2861

2006 Magic Points

Fri Aug 08, 2008 12:49 am

Wow that is such a long time. Can judgements take away your home?

Mary

Joined: 06 Jul 2006
Mary's page
Posts: 322

8655 Magic Points

Sat Aug 16, 2008 11:56 am

Hi Fireyone
As far as I know, judgments against you can not only garnish your wages but can also take your home away from you. If happens mostly when you have missed mortgage payments and your creditor sues you to the court for foreclosure of your property. However, your property can be taken only if it is in your name. If the home is in the name of other family members they cannot take the property.
_________________
Where there's a will, there's a way !!

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 2861

2006 Magic Points

Sat Aug 16, 2008 2:49 pm

Wow that is sad. What if it is in your husbands and yours but the debt is only owed by you?


Page 1 of 1

*Email:
*Password:
*Display Name:

	* denotes required field

*Email:
*Password:

	Forgot password?

*E-mail: