I have a 1997 judgment that I am assuming will be removed from my credit report in 2007 (if it is not renewed). If I pay this judgement off, will it restart the clock for reporting purposes or will it still come off in 2007.
Actually the judgment should fall of the report at 7 years. There is nothing associated with SOL and reporting period. The only thing reportable for more than 7 years is BK7 or a tax lien that has not be paid.