How Can I Improve My Credit After Late Pays and Lawsuits
I was recently taken to court concerning a credit card debt. Unfortunately, the Attorney and I were not able to reach a reasonable agreement and he eventually "voluntarily dismissed" the case. Does this mean I can send the court documents into the three credit bureaus and have whatever was placed on my credit in reference to the lawsuit deleted? How can I use the court judgement to benefit me?
How can I use the court judgement to help improve my credit?
I am going to need some clarity on the background information you gave before making anything other than general comments about your credit report and the lawsuit or judgment with the court.
Were you sued and the lawsuit was voluntarily dismissed, but you still show something about the lawsuit in the public records section of your credit report? If there is something about the lawsuit in your credit report what is appearing?
Who was the creditor suing you and what is the name of the collection attorney?
What was the agreement you were trying to reach?
You mention using the court judgment to benefit you. What is the last entry in the court record for this case?
A lawsuit that gets dismissed does not result in a judgment entry with the court. Without a judgment entry there would typically be nothing reported in your credit profile other than the original credit card debt being late many months and eventually charged off by the creditor. There is also the chance that the debt is reported by a collection agency or debt buyer. If there are multiple entries on your credit report for the same debt, and more than one is reporting a balance due and owing, that is a problem and can be corrected.
Post your answers to the above questions in the comment box below and let’s go from there.