When creditors become unsuccessful to get back the unpaid debts then they might take
consumer into court in order to get a judgment against the owed debts. From a consumer's point of view this is a very annoying situation as a judgment is the worst shape of collections. A judgment can hit the credit score to suffer at miserable levels. Creditor can also file your assets details to get the orders of judge to sell your assets to pay for the judgment. It is a difficult and complicated task to get it removed from your credit history but no wonder your positive approach can make it happen.
Credit bureaus will erase the judgment from their records after the period of seven years according to Fair Credit Reporting Act whereas the period of Statute of Limitations (SOL) could be twelve to twenty years depending on your state laws.
Writing a dispute letter to credit bureaus could also help you to remove a judgment from your credit report. If you are successful to win the case then spontaneously it would be erased from your credit report. You can also get help of internet blogs, websites, e-books and articles in order to get more information related to the needs of your case. You can also think of taking the services of a creditable & trustworthy credit repair firm, specialized in handling judgment collections.
In case, you can manage to pay against judgment then you should discuss with creditor that you are prepared to pay them if they delete judgment entry from your account. If they are agreed, then you should get them sign pay for delete agreement, before paying them back. Pay for delete agreement will not only enable you to get rid of judgment but would also bring your credit worthiness back on the track of positive directions.
Always pay a careful & timely attention towards judgments to handle & address them in an effective manner to avoid any disasters latterly.