What kind of jump would this get me?

[Anonymous]

I have a judgement from 2007 that is unpaid (I am employed, but live under the limits allowed to garnish my wages).  I have been trying to get the company to agree to vacate the judgement in return for a full payment.  I am hoping that they will agree to it, since the judgement is almost 5 years old and hasn't been paid yet.  It's going to fall off my credit in 2 1/2 years anyways.  There is also a collection account associated with it (I have a total of 4 collection accounts on my report).  I am trying to get the other unpaid collections to accept a pfd as well, since the SOL will be up within the next year to year and a half on those accounts.  My TU FICO is currently 644 (my EQ is 564, but thats another story completely, it was 620).  I am just trying to figure out if its worth all the work I'm putting into it, and the money. 

[Anonymous]

To me, "CREDIT worth every effort, work and money".

[RobertEG]

The judgment creditor cannot "vacate a judgment."  Only the judgment court can vacate their own judgment.

Some courts will entertain a motion to vacate based on payment of the debt, while others will require a showing of actual error in the judgment before they will grant a motion to vacate.  Call the clerk of the judgment court, and ask about the past practice of the court regarding such motions.

Vacating the judgment is not the only recourse to CR deletion.  The party who reported the judgment to the CRA can simply report a deletion of their prior reporting.

Do you know the name of the furnisher of the judgment information to the CRA?  If the judgment creditor was the furnisher of the information, you might handle it by way of a PFD offer.  If someone else, you would have to send them a GW request for CR deletion of their reporting.