how long will a judgment stay on your credit
The Fair Credit Reporting Act (FCRA) states that judgments must be removed from credit reports after seven years from the date of entry or until the governing statute of limitations has expired, whichever is the longer period.. A judgment can hang over your head a long time. The statute of limitations for collecting a debt using a judgment varies by state, and varies a lot -- periods of five, 10 and 20 years are common. And it gets worse: Many states allow creditors to renew a judgment, and some allow multiple renewals.