JUDGEMENT REMOVAL
I paid off a judgement against me after it had been filled with the court in Los angeles, CA. So my question is two fold. I have a paper that was notorized by the collestion agency that thsi debt was payed in full. My problem is 1st, how do I remove it from my credit report?, 2nd, from court record? This judgement was filed back in 1998. Help and thank you.
BIG KAhuna
You'll need to record a satisfaction of judgment or similar document, whatever is used in your jurisdiction. I'd take the notarized document to your County Clerk or Registrar ASAP and ask them what else is needed... if you need something more from the collection agency it's best to get it sooner, rather than later.
I would send the notarized document, a copy of the check used to pay the debt, and a short letter to the Credit Reporting Agencies so that they can amend your history.... the judgment won't necessarily be removed from future reports, but it should show the debt to be "paid".
Don't presume that your letter will be enough. Keep on top of it.
BIGKAHUNA
You can not file a satisfaction of judgment your self, as the holder of judgement is the only one that can file this document.
Judgement information is gathered by the credit bureaus by researching judgement files. You can not remove a judgement legally unless you can prove it was not a valid judgement, false process of service and in some states only a judge can sign off on a judgement and if signed by any other party the judgement can get set aside.
It can take 60 to 90 days or more before the credit bureaus report the judgement as satisfied. You should send each bureau a letter with proof as paid and receipt verified to lessen this time. Also send one to the creditor and the attorney who handled the case.
[addsig]
I will disagree with flacorps on a few issues!
By law the judgement must issue a release of judgement/satisfaction of as part of their obligation or one can seek damages in accordance with their state laws.
I would never file a claim to any credit bureau that is not a statement of truth; making false claims of disputes can hamper you greatly in the credit improvement process.
Deal with all issues up front and honest, as you will go far!
This is not intended to diminish the value of flacorps post as some valuable information has been posted. It's just another point of view.
[addsig]