Credit Cards Article

Remove a Judgment from Your Credit Report

A judgment is also commonly referred to as a default judgment or credit card judgment. This is simply a variation of the same meaning.

You are legally responsible to pay back a debt. This has happened in a court of law.

Your creditors\' attorneys went to court and filed a lawsuit against you and won. This means that you wages can be garnished to pay this debt.

This will cause you credit score to be negatively impacted, it is a very derogatory mark to have on your credit. Judgments can be sought after for any sort of unsecured debt, it is common for collection agencies to seek judgments.

A judgment will last for 7 - 10 years depending upon the statute of limitations in the state that the court proceeding was held in. However it is becoming more and more common for creditors to renew judgments.

This makes it very difficult to ever remove a judgment from your credit. However it can be done and with a little luck you may not even have to pay it.

I would first suggest creating a dispute letter. In this letter you identify the judgment listing and explain the reason it is not accurate and mail it to the credit bureaus.

The bureaus will then hold an investigation. They will try and verify the debt and the amount of the debt with the lender or collection agency.

If the debt is inaccurate or is not verified then the bureaus must remove it from your credit. Frequently investigations result in a negative listing being removed.

However a judgment is a very bad mark and these marks are more likely to be verified. This typically means you are going to just have to live with the negative mark.

However in some cases a judgment is not correct. Thus the mark should be removed and you should not be responsible.

This is when I would suggest a credit repair law firm. They can use their knowledge and expertise and if necessary a court of law to prove that this judgment is not correct and not accurate.

Surprisingly you can hire a professional credit repair law firm for reasonable rates. A leader in the industry Lexington Law can be hired for less than $100/month (premier service).

To learn more about how to remove judgments or to find out 3 tips to choose the best credit repair service for you visit us, or for a free credit repair letter to dispute a judgment yourself.