Civil Judgments – Delete from your Credit Report
Civil Judgments – Delete from your Credit Report by Matt Douglas If you have a default judgment it means that a lender has sued you in order to recover payment of an outstanding debt. It is a legal proceeding that gives a lender a large amount of time to collect on the debt. Most debts have a 7 year statue of limitations. With a judgment it allows the debt collector up to 20 years to collect on the debt. Judgments typically occur with unsecured debt. A new tactic that debt collectors have
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Tags: Credit, Debt, Finance