How long does a judgment for credit card debt stay on your credit?

Answer According to the Federal Trade Commission, a judgment based on credit card debt remains on a debtor's credit report for seven years or until the statute of limitations runs out, whichever is longer... Read More »

Top Q&A For: How long does a judgment for credit card debt s...

How long after a credit card debt judgment can a debt be collected in Michigan?

The statute of limitations on collecting a judgment in Michigan is 10 years. Keep in mind that if the debtor is paying off the judgment in installments, the statute of limitations is put on hold du... Read More »

Can a collection agency file a judgment on you for credit card debt?

A collection agency can and will sue you in civil court over credit card debt. If the collection agency wins, they will receive a judgment. Depending on the terms of the judgment, the agency can th... Read More »

How long does a judgment stay on your credit record?

Judgments negatively impact your credit score, but cannot remain on your credit report indefinitely. The Fair Credit Reporting Act states that all three credit bureaus must remove a judgment seven ... Read More »

How long does a judgment stay on a credit report?

A judgment stays on your credit report for seven years. Collection agencies sometimes try to report to the credit reporting agencies using the date they began collections, instead of when the accou... Read More »