Failure to Report Satisfaction of a Judgment

[MarkinArk]

My question involves judgment recovery in the State of: Arkanas

I satisfied a judgment during the sale of my house in 2006. Last week, 07/15/2011, my credit report still shows the judgment with no 'paid' notation. Do I have any financial recourse against the court for not reporting the payment?

The creditor has a copy of the 'stamped' filing of the Waiver of Lien.

Also, a judgment on a hospital debt for $250 was listed in Sept of 2010 as $2,250. Is the hospital or the court liable for misreporting the amount?

If not, why can they make mistakes which immediately impact my credit, but not be financially responsible for errors? The reporting arrangement is between the 'furnisher' and the credit bureau. Why must I suffer for their incompetance, but they don't suffer for the damage they have caused my credit?

[Mr. Knowitall]

When you checked with the court to see if a satisfaction of judgment had been filed, what did they tell you? If they said "no satisfaction of judgment has been filed," were you able to follow up with the judgment creditor to ask them to belatedly file one? You can bring a motion before the court, but it's often faster and will be easier if the judgment creditor's law firm does its job.

You have no recourse against the court.

If there is an error in the amount reported for a debt, apparently due to a typo, ask that the error be corrected.

[cmre3456]

There "might" be another option too if the creditor won't play fair. The Federal credit reporting laws are pretty demanding of credit reporting agencies. You could try going here http://www.ftc.gov/bcp/edu/pubs/cons...dit/cre21.shtm and sending in copies of your paid receipts and "demanding" that they correct your credit reports. If they have constructive notice and proof that the debt is paid, or any other false info in your report, they are required to fix it.

Just a thought and good luck...