Detailed Instructions: Given a passage and a query based on the passage, generate an unambiguous, concise and simple answer to the query from information in the passage. Note that the answer may not be present in exact form.
Problem:How long does a judgment stay on your credit report and does the time limit start from the day it is filed or from the day it's paid off? A judgment will remain on a credit report for the full 10 years. The judgment clock will run for a lot longer than the credit-reporting clock. Here's what I mean: In general, judgments remain enforceable for 10 years (in some states, such as my creditor-friendly state of Rhode Island, it's 20 years) from the date entered or filed with the courts. Mostly, consumers who ask this question are concerned about how negative information like bankruptcies, judgments, and late payments affects their credit history and score. Luckily, there are set time frames for how long negative information remains on a credit report. In general, negative information more than seven years old from the date of last activity (ten years for bankruptcies) must be removed from your file. We've already covered how long collection accounts stay on your credit report and we'll get to judgments in a minute. How Long Does a Tax Lien Stay On Your Credit Reports? If you fail to pay your taxes, the government could file a tax lien, which shows current and future creditors that the government has a right to your property until you have paid or otherwise gotten rid of the lien. Even though you paid the judgment, the judgment will be listed on your credit report for 7 years after the filing of the judgment. The credit report should include the $0 balance. Part 2 In CA a judgment can remain on your credit report as long as enforceable. Enforceable for 10 tears. Can be renewed indefinitely. Can remain of credit report forever. Experian appears to be the only credit reporting agency that publicizes its policy to not report vacated judgments on its consumer credit reports. Having your judgment set aside or vacated is the only way to possibly have it removed from your credit reports sooner than the "seven years from date filed" date. Judgments will stay on your credit report in the public records section for up to 10 years. The information provided herein is general information only and not legal advice. The information provided herein does not create an attorney client relationship and is not a substitute for having a consultation with an attorney. If the statute of limitations on judgments is longer than 7 years in your state, then that time frame is how long the judgment can remain on your credit report. There are some exceptions to the rules above: New York Residents. A paid judgment can remain on your credit report for no longer than 5 years. So, 7 years from the date of entry, or longer, if your state has legislation which allows it report longer. Here is input from others: A judgment remains on a consumer's credit report for 7 years from the date of entry, or until the governing statute of limitations has expired, whichever is longer. This time period applies to each legal action. Under certain circumstances and certain state's laws, judgments can be renewed. Query: how long does judgment stay on credit report
Solution:
The judgment stays for 7 years on credit report.