what does it mean if a judgment is being reported as satisfied
A satisfied judgment means that the judgment has been paid. Itâs important the paid judgment is reported on your credit report. If you pay a judgment, the total amount of debt that you owe goes down. Also, a paid judgment reduces the judgmentâs negative impact on your credit score.ile a satisfaction of judgment with the court. Once the judgment is satisfied, either you or your creditor can file a satisfaction of judgment document with the court. Each credit bureau should be notified of the satisfaction of judgment filing. The bureaus should use that information to update your credit report.