Spousal debt can be a major problem in your marriage. In some states, no matter whose name the debt is in, you may be responsible for the debt and it can even affect your credit score and your ability to borrow in the future. If your spouse's spending is out of control, it's time to take control of your family's finances to help recoup your losses and put a stop to spousal debt quickly. It may not break your marriage, but it can discern how easy your life is together.
The three credit reporting agencies, Experian, TransUnion, and Equifax, are required to report valid information about you on your credit report, so if the judgment was validly obtained, you cannot remove it. However, if you ch...
If a judgment was fairly made and represents a valid debt, only time can remove it from your credit report. However, as court proceedings are highly technical in nature, occasionally judgments that should have been challenged p...
Generally, a judgment specifies that you must make regular payments to satisfy an outstanding debt. If you legally owe the debt specified in the judgment, then you cannot remove the judgment from your credit report. However, if...
Normally, judgments remain on your credit report for at least seven years, and if they are validly obtained, they cannot be removed from your report by any action. However, if the judgment is somehow invalid, you can go through...
Judgments are often filed over unpaid credit card debt or rent. Judgments are typically enforceable for many years and can be renewed, so you may never escape a judgment against you. Even when paid, judgments typically remain o...
However, if the judgment has been satisfied, vacated by a court ,or listed in error, you may demand that each of the credit bureaus remove it from your credit report.
It's possible to take certain legal actions after a creditor sues you that will delete a judgment from your credit history. But as noted by Experian, one consumer reporting agency, most consumers are more concerned about how pa...
