Anonymous Posted January 27, 2003 Report Share Posted January 27, 2003 Hi,I have a credit card account that had been orginally delinqent over five years ago. Today I received a notice that a judgement had been issued against me. My question is: Does this judgement stay on my credit report for 7 years from the day this judgement was issued, or 7 years from when the original debt went deliqent - (5 years ago already so only two more)ThanksMike Link to comment Share on other sites More sharing options...
cookiemnster Posted January 27, 2003 Report Share Posted January 27, 2003 <blockquote>Originally posted by schohariemikeHi,I have a credit card account that had been orginally delinqent over five years ago. Today I received a notice that a judgement had been issued against me. My question is: Does this judgement stay on my credit report for 7 years from the day this judgement was issued, or 7 years from when the original debt went deliqent - (5 years ago already so only two more)ThanksMike</blockquote>the judgment will stay 7 years from the day issued, the underlying debt will stay on for another 2 years (assuming it's on your CR now). Link to comment Share on other sites More sharing options...
ghacorp Posted January 28, 2003 Report Share Posted January 28, 2003 In most states though, Judgments remain for an indefinate period. In some states Judgments can be renewed. Link to comment Share on other sites More sharing options...
cookiemnster Posted January 28, 2003 Report Share Posted January 28, 2003 <blockquote>Originally posted by ghacorpIn most states though, Judgments remain for an indefinate period. In some states Judgments can be renewed.</blockquote>Yes, I am aware of that - but both EXP and EQ state that the judgment will only stay on the report for 7 years, whether paid or unpaid (haven't checked TU for the info). EXP goes further to say that if the judgment is renewed, and the courts give it a new docket number (as is becoming the case in more and more states) then the consumer only has to notify them that it's the same judgment (and providing documentation is optional, they say they'll contact the courthouse if necessary) and they'll delete it.Of course, the FCRA states that it will stay on for 7 years or the state's statute of limitations, whichever is longer. Link to comment Share on other sites More sharing options...
kb9tbq Posted January 28, 2003 Report Share Posted January 28, 2003 Judgment will go 7 years from the file date, but if you pay (satisfy or have a release) it will then go 7 years from this new date. Link to comment Share on other sites More sharing options...
cookiemnster Posted January 28, 2003 Report Share Posted January 28, 2003 <blockquote>Originally posted by kb9tbqJudgment will go 7 years from the file date, but if you pay (satisfy or have a release) it will then go 7 years from this new date.</blockquote>Are you sure? All I've seen as far as that goes (and I don't have personal experience with it so I could be wrong) is that they use the filing date, not the date of any updates. That would be along the same lines of re-starting the reporting period if you paid a collection agency. Link to comment Share on other sites More sharing options...
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