Judgement Help

Submitted by tony007 on Thu, 04/02/2009 - 09:11
Forums

Hi guys,

I'm wondering if anyone can help me with this...
I have a judgment placed on my credit reports by a CA (credit card debt) and I want to take steps toward paying it, while at the same time having it removed from my credit. I want to know the proper and most successful way of doing this. I don't want to pay this debt and still have it on my credit for 7 years. After reading most of the posts regarding judgments, I am aware that you lose all bargaining power after debt is paid.

Thanks in Advance

You cannot get the judgment removed from your credit report even it you pay off the debt because judgment is a public record which will stay in your report for seven years and damage your credit score. However, if you do not pay off the judgment amount, the creditor can either garnish your bank account or your wage to recover the money. So I think that you should pay it off as soon as possible.

Fri, 04/03/2009 - 12:58 Permalink

If you want to pay off the debt, you should contact your creditor or the collection agency who has brought judgment against you and pay it off through a repayment plan. Once you pay off the debt in full, it will automatically be listed as "satisfied" judgment in your credit report.

Fri, 04/03/2009 - 13:34 Permalink

Just like scott you cannot remove a judgment from your report it stays for 7 years. But if you do not pay it they will garnish your wages to recover the money. So you need to call and set up a payment plan with them to prevent that from happening.

Thu, 11/05/2009 - 00:20 Permalink

Hi elsa

What kind of help are you looking for? If you can elaborate for us may be we could try and help you.

Thu, 11/05/2009 - 06:57 Permalink
Anonymous (not verified)

i had a judgment againts. pay it for 7years i was on a fix income now they are saying i owe . them more than what i start out wit.

Wed, 05/28/2014 - 12:03 Permalink
luis torres (not verified)

i have a judgement for 1,500 dollars.i am on diiability and no real estate seems to help me. wether programs to help me or help getting i touch with the right personel. it is hard for to even type or speak.my home phone is 215 278 9953. please help me.

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