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ladytmjsaveme

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how do you remove 7-10 years rental judgements?
I saw a report and it had 3 rental judgements on it from 2000 to 2008. How do I get them off so no other landlord can see them

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dealing with a judgment

What you have here are two different clocks running at the same time but at different speeds. The judgment clock will run for a lot longer than the credit-reporting clock. Here's what I mean: In general, judgments remain enforceable for 10 years (in some states, such as my creditor-friendly state of Rhode Island, it's 20 years) from the date entered or filed with the courts. However, many states allow the creditor to renew the judgment if it is not paid during the initial 10-year period. The creditor must go back to court and request a renewal before the enforcement period ends. Considering that the creditor already spent some money to get the judgment, chances are they won't just let it expire.

What that means for you is that the creditor could decide at any time up until the judgment expires (which may include extensions) to execute the judgment. This means the judgment could be used to garnish your wages or install a bank levy or lien on your home or other property depending on the laws of the state you are in.

The only positive in this situation is that the judgment should also be removed from your credit report seven years from the date it was entered. The bad news is the judgment will still be there, even though you can't see it on your credit report, lurking in the shadows, waiting for the worst possible time to jump out and surprise you. Expect that the creditor will decide to execute the judgment before it expires.

There is a specific method for working on judgments that may escape a lot of credit professionals.  It happens to be an area we specialize in.  If you need further assistance, feel free to click on my profile name and my contact info is there. 

Hope that helps,

Joe

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