Judgement on Credit Report

[mikeo]

it never went to court. I had a car repoed (due to job transfer and home for sale while renting another place during this great economic 'boom' and couldnt afford everything after 8 months on the market, but it sold- the house that is) and the credit union filed suit against me, but we settled with through their lawyers. Now on my credit report it shows a judgment against me when it was settled with out ever going to court. Is this correct? And/or can I have it removed? Any help on this would be greatly appreciated.

Got caught up in this crap to take a better position...argh.

Mike.

[mikeo]

oh and sorry if I posted this in the wrong section. I just found the ones for credit reports...did I mention its 430 in the morning and I cant wait to get off work?

[OhMy]

It should show as a paid judgment.

However, paid or unpaid judgments have a large negative impact on your FICO score. Since the debt is accurate it will not be removed. It will fall off of your credit report once it is 7 years old though.