Many judgments are "renewable". You should consult the laws of your state of residency. Many judgments such as liens against real property are valid for 20+ years.
Yes, if they get a judgment against you, and most do. Once the judgment has been entered and is public record, that judgment will go on your credit reports and it will tank your credit scores.
Plaintiff's do not enter a judgment on the defendant/debtor's credit report. Private agencies research court records and report civil lawsuit judgments that have been entered against a debtor to the credit bureaus.
No. A judgment of dismissal would be entered.
Placing JudgmentsFirst you need to win the judgment in court proceedings. Then with that paperwork, you can contact the credit reporting agency. With that judgment, you can also do a search of the person's assets (through the internet) and put a lien on the assets.Individuals do not report judgment awards to credit reporting bureaus that is done by independent agencies contracted by the credit bureaus.A judgment cannot be used to access a person's financial and personal information, that is done via discovery documents issued before the judgment is entered against the debtor/defendant.
This answer depends on the procedures of the courts in your state. Generally, a judgment will be reported on your credit rating a will be a negative mark against. Instead, you can have a stipulation for settlement that keeps the case open and then the case is dismissed when the settlement has been fully paid.
If the judgment names only one spouse as the judgment debtor it will not be entered on the non judgment spouse's credit report.
Yes, if they get a judgment against you, and most do. Once the judgment has been entered and is public record, that judgment will go on your credit reports and it will tank your credit scores.
Plaintiff's do not enter a judgment on the defendant/debtor's credit report. Private agencies research court records and report civil lawsuit judgments that have been entered against a debtor to the credit bureaus.
Credit bureaus contract agencies to search public records. The judgment is then reported to the credit bureau and the notation is placed in the file of the judgment debtor. False/mistaken judgment entries on credit reports are not uncommon and is a major reason why consumer's should check their report on a regular basis. A civil judgment is entered on a credit report 15 to 30 days after a court proceeding. If the judgment is in fact true in nature, you can negotiate with the creditor to pay them on different terms to keep the judgment off. If the judgment is not yours, you will need to find the state and county in which they were filed and dispute this information with all three credit bureaus.
There's no difference in how the judgment is entered on a credit report. An agreed judgment indicates the debtor(s) appeared in court but did not have a valid defense as to why the debt was not owed, therefore a judgment was entered against him or her. A default judgment indicates the debtor(s) did not appear in court thereby forfeiting the right to defend the suit, resulting in a default judgment being entered in favor of the plaintiff. The execution procedure of either type judgment is also the same.
File a motion to vacate based on that fact. After the judgment is entered there is a SOL for filing that motion.
The judgment should be removed from your credit report 7 years from the date it was entered.
No, the differences in laws governing the execution of a creditor judgment does not allow for the enforcement of such in countries other than that which the judgment was entered.
No need to do any reporting. When the eviction judgment was entered, the credit bureaus update their files and will put this on the defendant tenant's credit file.
No. A judgment of dismissal would be entered.
You can't do either. The judgment will remain until the expiration date. The judgment even if paid will remain for seven (7) years.
Yes.Yes.Yes.Yes.