02-27-2012 06:45 PM
On my TU and EX I have a judgement and need to know how to delete. It's a private student loan, but civil judgement.... Odd I know, but I just want it gone.
Judgment in favor of:
Status Details: This item is scheduled to continue on record until Mar 2015.
Status: Civil claim judgment.
02-28-2012 01:20 AM
Does anyone know how to handle this situation
02-29-2012 11:04 AM
Does anyone know how to handle this situation
Is it paid?
02-29-2012 11:55 AM
I have a similar situation, with a student loan judgement that has been paid and has been reported as paid on TU and EQ. Any advice would be greatly appreciated.
Thanks in advance...
02-29-2012 12:13 PM
No it's not paid yet, I julled pulled reports. But if I pay, I guess PFD would not work correct?
02-29-2012 02:00 PM
If this is not a paid judgement you are in the best position to negoitiate. Although univ. has judgement that does not get them paid. You should call university someone who handles delinquencies and negoitate for deletion.. from all 4 credit agencies did you go to court ? were you properly served?
02-29-2012 02:28 PM
The two basic paths for handling deletion of a judgment are (1) to get the judgment itself vacated, and then argue CR deletion based on the removal of the judgment, and (2) to get the party who reported the adverse item to the CRA to delete their prior reporting.
Getting a judgment vacated requires a motion before the court, as only the court can vacate their own judgment. Some courts wont vacate a judgment unless their is some showing of legal or procedural error in the proceeding. However, some courts will vacate a judgment based on its satisfaction (payment). I suggest you give a call to the clerk of the judgment court and have a chit-chat about the practice of your specific judgment court. If vacating based on payment is an option before that court, then you can pursue that path.
You can also, similar to any other information reported to a CRA, get the reporting party to simply report its deletion to the CRA. The normal problem with that approach is that in most instances, the name of the actual reporting party is not known. CRAs hire private firms to research public records and report them. They are not usually reported by the court itself, and sometimes not even by the judgment creditor.
I suggest first making a call to the clerk of the court, and seek advice on the practice of that court.
02-29-2012 02:33 PM
03-02-2012 09:56 AM
Pay the judgement amount off. You call the univeristy (or whomever is handling the collections for them) and negotiate payment arrangments. If you have a decent sum of money (i.e., $3500), you can ask if they would accept that as payment in full. If they say yes, you get it in writing, and pay them. Once it is paid then work on getting it off your report. It will stay on your report until March 2015, BUT they are allowed to renew the judgement for another 7 years, making that March 2022.
03-02-2012 01:01 PM
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