I understand it will remain on my credit for 7 years, but if I pay it off the day the judgement was issued, will it still hurt my credit? Will creditors/employers look at that and deem it to be negative? And if the defendants sue for $100, could the judge give them a judgement higher than they asked?
2007-02-16 04:55:26 · 3 answers · asked by Mac 1 in Business & Finance ➔ Credit
I don't know about the credit report, but yes...the judge can award what he/she sees fit. If they convince the judge they had to spend $500 to go about this case the judge could force you to reimburse that amount etc.
2007-02-16 05:04:00 · answer #1 · answered by Mr.Robot 5 · 0⤊ 0⤋
I was just in a small claims case and was informed that all judgments show up on the losing parties credit, paid or not. The decisions are public record and the credit bureaus have people who check the files every day.
If you are sued for $100 and lose, the judge will only award the amount you are sued for, but you will have to pay the court costs also. I was awarded my $95 filing fee back in addition to the amount I sued for.
2007-02-16 05:06:59 · answer #2 · answered by Brian G 6 · 0⤊ 0⤋
certain, Verizon can promote your account interior of seven years of most suitable interest. And top can hound you for seven years. You signed a settlement, and also you reneged. you are able to attempt to wrestle it, besides the undeniable fact that it is going to nonetheless take position as a neg. on CR. Now i do not study NES? - Inquiry's do no longer harm your CR, yet educate interest. someone checked on you - perhaps a ability corporation - vehicle dealership. you are able to write to NES and ask them, yet more often than not they are unresponsive.
2016-12-04 06:25:21 · answer #3 · answered by ? 3 · 0⤊ 0⤋