Can a creditor still show on your credit report after having a judgment reversed in my favor?

Question

I got a judgement reversed and looking at my credit report it is still showing a collection company reporting it as an outstanding balance on my credit report. Can they do that?

Answer 1

If they are reporting a judgment, then it must be removed since it had been reversed.
You might send a dispute to the CRA's saying you have no such judgment filed in your name, etc.

If the collector is not reporting the judgment but reporting only the debt account, then they may or may not legally report it.

As for reporting the debt account (not the judgment) --

If you had the judgment reversed because it was not your debt and it was proven to the court, then they legally cannot report the debt account on your credit reports.

If the judgment was reversed because of a technicality, such as improper service, etc. AND the debt account is still within the legal reporting period, then they can legally report it.

Answer 2

Depends on how long ago this occurred. It takes a bit of time for the reporting bureaus to catch up. However, you are quite entitled to inform them of the status change in the judgment. Be prepared to send copies of all pertinent legal documentation involved, so that they can modify the content of your credit file. While the item may not go away, there will be line items indicating the reversal, such that potential lenders to you will understand what has occurred.

Answer 3

Nope. Write them a short letter, telling them that they are reporting erroneous information, reporting of inaccurate information is in violation of the Fair Credit Reporting Act, and that if it is not removed within 10 business days you will sue. Send it by certified mail, return receipt requested, keep a copy.

Also, send a copy of the letter to the credit reporting agency(s), along with a copy of the reversal, to dispute the report.

Answer 4

go to www.annualcreditreport.com, pull all three bureaus and dispute the account.