How many years do Judgements against you for bankruptcy stay on your credit report?

seven years
In most cases, judgments can stay on your credit reports for up to seven years. This means that the judgment will continue to have a negative effect on your credit score for a period of seven years. In some states, judgments can stay on as long as ten years, or indefinitely if they remain unpaid.

Can civil Judgements be discharged in bankruptcy?

Bankruptcy Will Discharge Most Lawsuit Judgments Fortunately, filing for bankruptcy can stop the garnishment and wipe out your obligation to pay back discharged debts. However, even if the lawsuit resulted in a judgment, the bankruptcy will eliminate your liability as long as the debt qualifies for discharge.

Can a civil judgment be discharged in bankruptcy?

Bankruptcy looks at the nature of the debt behind the judgment to determine if you can escape it, not to the procedural status of the debt. Most judgments for debt collection are dischargeable in bankruptcy as well as for car accidents if the debt was incurred due to negligence.

Do you still have a judgment on your credit report?

Dear RDT, Civil judgments like the one you describe are a debt owed through the court. In the past, the judgment would have become part of your previous tenant’s credit report with no action on your part. However, Experian no longer shows judgment and tax lien information as part of a consumer’s credit history.

What happens after a judgment creditor obtains a judgment?

A judgment creditor is a creditor or debt buyer that has obtained a judgment after proving, in a legal proceeding, that they are owed money for an outstanding debt and are entitled to recover the outstanding debt that is owed to them. What Happens After a Creditor Obtains a Judgment?

How does filing for bankruptcy affect my credit?

Filing for bankruptcy can help protect you if you can’t afford to pay your debts. However, bankruptcy has consequences as well. One of them is the fact that bankruptcy is a public record, so anyone can see it. As a result, bankruptcy can show up on your credit reports.