Credit Report Limits on Paid Collections and Judgments
hello,just wanted to know about 2 judgements that i got in ny both of the judgements are already paid one was from 2006 and the other from 2009 now i live in nc...how long will they stay on my credit report...i been in nc for 3 years just paid the 2009 one off 2012 and the 2006 in 2006...how do i get them off my credit report.
is the statue of limation the same in ny and nc for removing paid judgements
—debbie
The credit card judgments should be showing up in the public record section of your credit report. It wont matter whether you are in New York or North Carolina.
Judgments stay on the credit report for 7 years.
From what you shared, one of the judgments was entered in the court in 2006. Count 7 years from the month the judgment was entered in the court and it should drop off of your credit report sometime in 2013.
The judgment from 2009 would be set to fall of the public record section of the credit report sometime in 2006.
There is not much you can do to remove a judgment from your credit profile. The record of the judgment is maintained by the court. While you may not be able to remove a judgment from your credit report, you should certainly make sure that it is being reported accurately. If the judgments have been paid off, they should be showing up as “satisfied judgments” in the credit report. If they are not showing that way, you have every right to dispute that information with the credit reporting agencies and get it fixed.
Do you have all of the information you need to get the credit report corrected?
Do you have any written agreement with the judgment creditor about payment amounts if you settled the debt for less?
Do you have proof of payments you made toward the debts? If payments were made through your checking account you will be able to get the payment records from your bank going back a few years.
There may be other negatives on your credit report about the judgment debts. The judgments were placed in the court record in 2006 and 2009. But the debts you were sued on went unpaid before that. Be sure the original creditors negative entries in your credit report are not appearing more than 7.5 years from the date you last paid them. It sounds to me like the debt associated with the 2006 judgment should not be appearing as a charged off or collection account already.
Can you tell me more about each of the original accounts? Like who the debts were originally owed to, when paid last, who sued and if debt collectors are reporting as well as the judgments appearing?
You can post answers in a comment reply below. Anyone who has a similar concern about credit reporting is welcome to post in the comments as well.
About Michael BoveeMichael started CRN in 2004 with a mission to provide people in need with detailed debt and credit help and education. Michael has participated as an expert panelist in federal consumer protection rule making, collaborated on state law changes governing debt consolidation, has worked as an expert witness in court matters related to the debt relief industry, and is a regular contributor to several personal finance websites.
