Term: judgment
3 found

How to Avoid a Debt Collection Snowball

By Steven Shaw on 6/12/2013

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If a creditor gets a judgment against you for a debt collection item, you may wind up paying more than you bargained for. Our reader, Catherine, recently shared her experience with this:

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debt collection
debt collector
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How to Kill Zombie Judgments on Your Credit Report

By Steven Shaw on 5/21/2013

zombiejudgments_iStockphoto

A judgment can suck the life out of your credit scores for years and make it difficult, if not impossible, to rebuild your credit. So settling or paying off a judgment is crucial if you want to get your credit back on track. But what happens when you can’t? La Recia wrote on the Credit.com blog:

 

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credit score
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managing debt

Help! I Found a Judgment on My Credit Report

By Steven Shaw on 5/12/2013

Help! I Found a Judgment on My Credit Report

It’s scary enough to owe money you can’t pay back, but what may be even worse is finding out that you have already been sued for a debt, but didn’t even know it. Mark wrote on the Credit.com blog:

I received a letter stating there was a judgment against me from 9-13-2006 and they’re trying to get a wage verification from my employer, so they can garnish my wages. This is seven years old and I don’t ever remember being made aware of this. What can I do?

Another reader, Leslie, asked about a judgment she knew nothing about:

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credit score
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