OurCommunityPower.org >  Credit Forums   Debt Forums  Mortgage Forums  Insurance Forums
CreditMagic logo
Close

    LOG IN
Don't have an account? Sign up

*Email:
*Password:
*Display Name:
* denotes required field
*Email:
*Password:
Forgot password?
*E-mail:
  
HomeCredit ForumCredit repair

Vacated/Dismissed Judgment

 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
 
Niwrad



Joined: 06 Dec 2007
Niwrad's page
Posts: 6



367 Magic Points
Subject: Vacated/Dismissed Judgment
 
 Posted on Fri Dec 07, 2007 12:44 am  
I figured this might deserve it's own thread since it's an odd situation that I can't seem to find any good information for online.

I was sued by Discover Bank back in 2005. They were awarded a default judgment against me. After working out a deal with them, the case was vacated and dismissed with prejudice by the court. I have the actual court documents in my possesion stating this.

Now on my credit report it shows that these are all judgments that haven't been satisfied. I called up Transunion to dispute this and the lady told me that even if I sent in these documents showing the judgments were vacated and dismissed, it would still remain on my credit report. I asked her how could something that was vacated show up on my credit? She didn't know. So I filed a dispute and she said I could send in the actual court documents.

My question now is should I bother sending in the court documents right now? Are my chances better that the court won't update it and it just gets deleted from Transunion's credit report? Or do I send in the documents and take her word that it will remain on my credit report but show as vacated (I thought vacated meant they had to remove it).
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3137



5332 Magic Points
 
 Posted on Fri Dec 07, 2007 3:50 am  
I would send copies in to all three credit reporting agenies, if you wait on the court and it gets overlooked or filed away, they may not do it. You have a personal intrest here, so I would not depend on someone else to do it. If you have the documents, send a copy in. Remember to do this with all three credit reporting agencies. Goodluck and keep us updated on this.

Very unique and useful post, I hope you will continue to post with us on the other subjects as well. Experienced people are the best to give advice. I have an arbitration coming up, so may have some questions that you may be able to help me with. Like you said there is not alot of information out there. thanks for a great post.
_________________
Goodnatured,

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



Joined: 06 Dec 2007
Niwrad's page
Posts: 6



367 Magic Points
 
 Posted on Fri Dec 07, 2007 5:27 am  
Thank you for the advice. I will keep you updated and hopefully be able to pitch in with some advice on some areas I know something about. This is a long journey to restoring my credit.

As for the topic, I think my biggest question is what exactly is a vacated judgment? Does it mean the judgment never happened? If so, I'd think it should be removed from my CR. Perhaps I'm wrong though and it will simply say it was dismissed or something.
 
george

george

Joined: 06 Jul 2006
george's page
Posts: 75



2859 Magic Points
 
 Posted on Fri Dec 07, 2007 11:36 am  
This is a genuine problem indeed. Its good that you posted here in a new thread. I would send the photocopies of the documents so that it can be used as proof. Disputing becomes easier.
_________________
George Miranda

Money does not buy happiness. Happiness is found in being content with who you are and what you have.
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3137



5332 Magic Points
 
 Posted on Fri Dec 07, 2007 3:41 pm  
I would think if it is vacated that it should be removed from your credit report. I would contact the three credit reporting agencies and see what they have to say about the situation.
_________________
Goodnatured,

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

Laura

Joined: 21 Jun 2007
Laura's page
Posts: 1407



34540 Magic Points
 
 Posted on Tue Dec 11, 2007 4:01 am  
Hi Niwrad,

Hope you have dealt with the problem. Any other update that you might want to give us?
_________________
Regards,
Laura.
 
Quick Reply
Your Name
Subject
Message body
Page 1 of 1

 


All the works we publish comply with the Creative Commons Attribution License.
This work is licensed under cc by 2.0

Home Knowledge bank Forums About us

Members Area
  • Log in
  • Sign up
  • Bookmark us
Ask the Community
Join credit magic community
Search
  • Forum Search

Financial Tools
  • Credit Repair Tool

Financial blog reader.
Quick poll
Which is of more importance... Credit score or FICO score?
FICO Score 
Credit Score