More credit tips

Judgements are court orders for payment of debts owed to a creditor or other parties who may have sued you and won a judgement against you in a court of law. A Judgement gets reported to the public record section of your credit report and can remain there from three to twenty years depending on your state law . You need to find out your state’s limits as each state is different. For instance New York Judgements expire after 10 years.

Our recommended solution is to remove these negative items from the credit bureau files permanently. Many states allow judgements to be renewed one or more times, which could substantially extend the enforceability of a judgement, if the creditor is vigilant about the renewals. This can potentially result in a permanent legal obligation until it is paid.

A Judgement will affect your ability to purchase a property, get approved for a loan or credit card. In addition, a judge can order a garnishment of salary and freeze your bank accounts.

Next, a tax lien is put on a property by law to secure payment of taxes. Tax liens may be imposed for unpaid taxes owed on real property or personal property, or as a result of failure to pay income taxes or other taxes. A tax lien will significantly affect your ability to purchase property and or get approved for loans. In many cases a freeze on your bank account can occur as well as garnishment of a portion of your income as ordered by court judge.

Our solution is to remove these negative items from the credit bureau files permanently.

Now the worse case is bankruptcy. Upon filing and being accepted for a bankruptcy process, all creditors to be included in bankruptcy are marked with Included in Bankruptcy on your credit report. This not only significantly drops your credit score, but also lets everyone who looks at your credit in present and future know that you are in or have been in a Bankruptcy. This is highly damaging to your credit standing and should be avoided whenever possible.

Our solution is to remove these negative items from the credit bureau files permanently. New Bankruptcy laws make it much more difficult to be granted a bankruptcy and many people end up with no results along with damaged credit. In addition a bankruptcy rating remains for 10 years on your credit report. 9 out of 10 times we can help you avoid a bankruptcy and save your credit rating. We don’t consolidate, negotiate, or settle or put you on any payment plans, our approach is very unique and different. Contact us to know how it is done.