Discover how to remove a judgement from your report
This is a very common question that we get, how do I clear any judgments on my credit score? There is thousands of South African who are not informed on how to get rid of any judgements on their credit reports. In this article will I explain the two steps which you can take to obtain and maintain a healthy credit report.
Understand the definition of the judgment.
It is important that you know, that a judgment on your credit report is simply an order from the court which states that you have to pay the outstanding debt back to the creditor. This is definitely one of the most negative items which one can get on their report. If you have a judgment on against you, then you can expect your credit rating to plummet, due to the fact that you are considered as a high risk for any future lenders or creditors. You will find that if you want to apply for a mortgage then they won’t grant you the loan unless you remove all judgments from your credit report.
Removing the Judgments.
You have to know that there are two methods which you can adopt in order to remove any judgements from your report without paying the debt. This might sound impossible, but with a little bit of knowledge you are surely able to do so. Next will I explain the two methods which you can use:
1) The first thing that you can do is to establish which creditor has ordered for the judgement against you. When you are aware of which company it is then you should look into the matter to see whether they have followed the rules according to the law. The law can be very complicated at times, so I would suggest that you make use of a lawyer who specialises in this field.
2) If you saw that the creditor has filed the judgement in a lawful manner, then there is another way to remove any judgements due to technicalities. There are a few ways but the most common scenarios would be:
• If you fail to show up for the prescribed court date.
• Failed to supply the court with the necessary documentation in time for the court date.
If you decide to use this method then it is very important that you can supply the court with fair and reasonable reasons why you could not make it to court in time, or if you could not provide them with the necessary documentation and paperwork. This will only work if the judge agrees with your reasons.
This is how you would be able to remove any judgements on your credit report. It is of utmost importance that you know that these methods will only work if you have the necessary legal documentation so that the judge can remove the judgments. You should also know that the debt won’t disappear; you will only be able to remove the judgments on the report itself.