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Discussion in 'Credit Talk' started by dave, Mar 18, 2001.
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Paid judgments can only be reported for 7 yrs or until SOL has expired. Why would they renew a satisfied judgment? Doesn't make sense.
I am dealing with this kind of thing also. I settled a dispute, and paid prior to the court date. The attorneys let it go to court anyway (a mistake they said), got a judgment in default *after* the debt was paid, and it is showing as an unpaid judgment on the court record. I didn't even know it until TU picked it up a few months ago (it was in 1995). I am suing the attorneys who did this.
The judgment was satisfied after it was renewed (both occurred in 1999). The problem I have with this being reported is that the judgment is now 11 years old and it is hurting my beacon score big time because it appears to be recent when it is not.