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Help! I Found A Judgement On My Credit Report

Friday, May 10, 2013 - 9:08 AM
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.

... A judgment is a decision by a court describing the outcome of a lawsuit. Any amounts owed will be described in the judgment. With a judgment the creditor often has the ability to go after wages, bank accounts or other property to collect the judgment, depending on state law.

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Close monitoring of your credit report is always a smart move.  If you have a judgement against you, you have three options:  fight, flight, pay/settle.   The article discusses these options in detail. 
pearlbrownpearlbrown1,474 posts since
Nov 2, 2010
Rep Points: 6,407