I agree with the previous answer. Also, please note that even though you paid the judgment, the judgment may be reported on your credit report. So long as it is reported as "satisfied" the reporting of the judgment is correct. The collection of the paid judgment is a different issue that Jason addressed.
Based on your question, it appears that you are the party liable for the mortgage payments to the
mortgage lender, not your wife because she was not on the loan. As far as your recourse against her you should consult with the attorney who assisted you with your divorce regarding your civil remedies.
As far as obtaining mortgage financing, you should consult with a mortgage lender in your area regarding financing guidelines. In some cases, the recency of late payments can affect your...
Your questions is somewhat complicated. The short answer is that updating the status date can affect how long the account will be reported on your credit report. This kind of action is called "re-aging" and it can adversely impact your credit score, and it is usually done in error and can be corrected by disputing it with the credit bureaus.
However, in your case, you should consult with an attorney in your area regarding your potential financial liability for the underlying debt. If you...
You can only dispute inaccurate information on your credit report. Unfortunately, just because information is derogatory does not mean it is inaccurate
You should consult with an attorney in your area regarding your financial liability for the debt. In your case, depending on whether you are liable will affect how the account should be reported. However, even if it is inaccurate, the debt collector may correct the reporting as a result of the dispute. The debt collector does not...
You asked a very common but complicated question. You should consult with a Real Estate Attorney in your area to determine if you are liable for the reported "deficiency balance" because if you are and you try to dispute the account it could trigger collection efforts, including a law suit.
If you are not liable for the debt, meaning it is no longer enforceable, then you can dispute the matter with each of the credit bureaus asking them to close the account - so a "paid collection" with a...
This is a very complicated set of facts that will require you to seek immediate legal assistance.
With that being said, as far as your obligation to pay $32k in attorney's fees you will probably need to resolve that issue separately. However, you may be able to negotiate a settlement (pay them less than the full balance) with the judgment creditor to reduce your total liability but you will need to seek legal counsel to do so.
As far as your ex wife's obligation to pay you $26k for...
As far as the inquiry is concerned there is not a lot you can do about it.
However, moving forward there are things you can do about improving your personal credit so that you are better positioned to apply for business credit. People can recover from a bankruptcy as little as a year after it is discharged. You may have started to receive credit card offers 6 months after the discharge. You should take a look at your personal credit and consult with an attorney in your area who deals...
The interest rate that can be charged will depend on your service contract. The rate stated will usually be enforceable. If you believe the rate charged is unreasonable you may consult with an attorney to determine whether the charges are enforceable. But there is no "cap." I hope this helps!
You should consult with an attorney in your area to discuss your options.
A garnishment is a possibility but only after a judgment is entered against you. You may be able to settle the case before a judgment is entered or bankruptcy may be a better option depending on the other types of debts you have.
My office offers free consultations 480-907-6088.
I hope this helps!
It depends on the context. For instance if you are extending credit to someone because you work for a mortgage lender or a car dealership, etc and the person applying is a family member or friend, etc, then it is fine.
If you are applying for credit using information for anyone other than yourself without some sort of power of attorney, then you are going to run into trouble.
The last scenario would be using an online consumer credit report vendor to obtain a credit report - those...