Credit Repair Tips
Judgments and Credit Repair
The facts on judgments and your credit score
A judgment is filed by a lawyer basically suing you
for the money owed to the creditor.
Dealing with a debt collector can be one of life's most
stressful experiences. Harassing calls, threats, and use of obscene language
can drive you to the edge. What's worse, a collector may contact your employer,
family or neighbors. You may even be hounded to pay a debt that is not
rightfully yours. Sure, collection agencies have a job to do. Even so, there
are limits on how far a debt collector can go.
A judgment will affect your credit score negatively. If it is
unsatisfied, it will probably affect it more than if you satisfy the judgment
by paying it. A judgment allows the company to get a
lien against titled property that you own, like a car or a house. You
cannot get clear title to the car or the house so you can sell them until the
judgment is paid off. A judgment allows a company to pursue the garnishment of
your wages and your assets, like bank accounts. In addition, a judgment is a
public record on your credit report.
How we can help you
CreditLawGroup.com provides low cost
legal representation in disputing inaccurate, incorrect or unverifiable
information contained on credit reports from the three major credit bureaus,
Equifax® Experian® and TransUnion® and their affiliates. You can monitor your
progress online, as well as speak to your Paralegal whenever needed by phone or
email. We have excellent customer service, and are always there to meet your
needs! Speak to a credit repair analyst today!
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to find out more regarding our
credit repair services.
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