Is this correct? Does anyone know for sure?

[sparky256DSL]

I was told in a different thread that I could request a Judgment Creditor to remove a paid judgement in return for money (ie me paying the legal fees and court costs to do so). However then I received a letter from a Attorney that I was trying to work this angle on and he said that the only way a judgement can be dismissed is through the court system and that they had no power to do so. Tonight I again found a website that states the JC can have the judgement dismissed. Here is the site

http://ezinearticles.com/?Removing-Judgments-From-Your-Credit-Report&id=882870

So what is correct? Can I try and work with the JC to have a judgement dismissed or am I wasting my time and should focus more on CRA disputes (by the way so far have came back verified)?

Thanks

[admin]

Unless the court will grant a vacation of judgment (and there is a window of time after the judgment is granted to act or it is too late). A vacation of judgment is basically an appeal, and must be granted by the courts.

If you pay a judgment the creditor must file a satisfaction of lien/judgment, but this basically still allows the judgment to be on your credit report, though it will say "paid judgment" or "satisfied judgment".

[swirlgirl]

What you are refering to is having the judgment dismissed. It's outlined here at:

http://www.carreonandassociates.com/articles/faqjudgments.htm

Basically, it says:

"However if the item has been verified as timely and you have no other documentation to prove it is not valid then you can negotiate with the JC to dismiss the judgment in exchange for money. This is a much better rating than a "paid judgment". It tends to indicate that it was dismissed therefore "legally void". This IS a better rating than showing you simply paid it- that means you owed it. Not much of a credit improvement. Make sure when you negotiate with the JC that you put your terms in writing and have the JC sign and date it. This can be used for proof later if the rating doesn't change. Once you agree, the JC will complete a form to dismiss the judgment and file it with the court. All public records are reported to credit bureaus so you should see your new rating in about 30 to 45 days. "

I don't know if anyone has tried it successfully.

[sparky256DSL]

Swirlgirl -

That is exactly what I read. I was trying it on a lawyer for my pops but the lawyer sent back a letter stating they could not dismiss it and it has to be done by court order and that they could not request it. Is this true? I would have guessed since they are the plantiffs then they should be allowed to dismiss the case if they are satisfied, right?

Thanks