Will bankruptcy take away a credit card judgment?

Answer According to the U.S. Bankruptcy Court, individuals who file for bankruptcy (Chapter 7) receive a discharge for most of their debts. A credit card judgment is a legal action taken against a debtor-... Read More »

Top Q&A For: Will bankruptcy take away a credit card judgment

Can you take out bankruptcy on credit card debts?

You can declare bankruptcy over credit card debt, according to the Moran Law Group. However, you cannot have acquired the credit cards through fraudulent means or with an intent to declare bankrupt... Read More »

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

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 »

Will Bankruptcy Take Charged-Off Bad Debt Off of My Credit Report?

When a creditor charges off a bad debt, this means that it considers the debt to be unpaid for accounting purposes. You still owe the debt and the creditor can still try to collect it, so you can i... Read More »

If you have broken a lease and you are then sued by the property management company and you do not show up in court. How long will it take for the judgment to appear on your credit report?

If the management company files it immediately with a credit agency, it may be hours or days.