In 6/02 I had a judgment filed against me from First Select, Inc., from a Fleet credit card of approximately $2600. I did not respond to it and it was successful.
At that point, I contacted a debt counselor: Auriton Solutions and worked out a plan to pay my creditors $300 for 42 months, starting 5/02.
I thought they paid everything off, including the judgment, so I didn't pay close attention - my concern was to prevent any further judgments filed against me.
Last month I pulled a credit report for all 3 CRAs and noticed the judgment was still on there with no closing date.
I have a credit report dated 3/04, where First Select reported me as current from 12/01 through 5/03 (evidently they were receiving payments). On 5/03 they sold the debt off to Credigy Receivables, Inc. (according to my judgment file).
As part of this process, I had Auriton Solutions send me a printout of all the payments I made and who received them.
Neither First Select, Inc., nor Credigy Receivables appear to have received any payments. The surprising thing is that I haven't heard from either one in the past 5 years.
My courthouse investigation revealed that the judgment was entered in 6/02 but the file was misfiled for 3 years and essentially lost. It wasn't until 7/2005 that the file was found, as evidenced by a time stamp showing when it was filed.
In doing research, I found that the SOL in my state is 6 years, so this debt is already up. However, I saw that a judgment in this state can remain on credit reports for 10 years. This judgment will be 7 years old in June, 2009.
My questions are these:
How do you suggest I remove this judgment from my record?
Does it being open adversely affect my credit score drastically?
Do I contest it in letters to the CRAs?
Consult an attorney to have it removed?
Pay it off by contacting the company that owns the debt?