Established Contributor
Shnapple
Posts: 837
Registered: ‎02-27-2008
Re: Got summoned to court! Please help!!
What I know:
 
I got a summons years ago from a non-secured bank loan. I called the bank immediately and set up a payment (I think I took a loan from my 401k). On my report it reflects as a charge-off instead of a judgment.
 
I'm pretty sure judgments stay on your record for 7 years from the filing date. I did research on it lately for a couple other people.
 
I'm pretty sure there IS a SOL on medical bill collections, however once a judgment is filed, it can report FOREVER if they keep the judgment active.
 
 
FEB '08 FAKOs: TU 628 | EX 650 | EQ 584
JAN'09 FAKOs TU 686 | EX 705 | EQ 664
EQ FICO: FEB '08 646 | APR '08 678 | SEP '08 679