11-05-2010 07:24 PM
You're right. Generally the CRAs just drop them at seven years.
I have, however, seen some judgment renewals that have kept judgments on credit reports for a long, long, long time.
Hopefully those are few in number for the consumer's sake.
From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 10/10-813, TU - 10/10-774
"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".
Not sure of the numbers, but I have seen it several times. In some states a judgment renewal creates a brand new judgment that has another 7-year lifetime.
In the interests of fairness, I think CRAs should also kill the subsequent judgments.
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