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Judgments:

OUR SOLUTION:

• To remove these negative items from the credit bureau files permanently.

EXTRA INFO:

• Many states allow judgments to be renewed one or more times, which could substantially extend the enforceability of a judgment, if the creditor is vigilant about the renewals. This can potentially result in a permanent legal obligation until it is paid.

TIP:

• A Judgment will affect your ability to purchase a property, get approved for a loan or credit card. In addition, a Judge can order a garnishment of salary and freeze your bank accounts.

 

Judgments:

These are court orders for payment of debt or monies owed to creditor or other parties who may have sued you and won a judgment against you in court.  A Judgment gets reported to the “public record” section of your credit report and can remain there from 3 to 20 years (call us to find out your state’s limits) depending on your state law. 

New York Judgments expire after 10 years.

SCORE IMPACT RATING:
HIGHLY DAMAGING

EFFECT: NEGATIVE

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