How to remove judgements from credit report

A judgment is a court-made decision that grants a creditor the power to recover unpaid debt, which may potentially involve seizing your home or personal property.

Until the principal debt of the judgment is paid, the judgment is revoked by a court, or the credit provider abandons the judgment, judgments can stay on your credit record for a very long period.

Get a copy of the credit bureau report that lists the judgment if you want to get rid of it. Contact the creditor who obtained the judgment if it is legitimate and attempt to settle the disagreement, either through a payment plan or by paying the claim in full.

After the debt is repaid, the creditor will issue a letter known as a "paid-up letter" stating that the particular account in question has been resolved. Additionally, it will approve the judgment's revocation.

This might not be the case in all scenarios, therefore you should speak with a lawyer about your specific case.

What happens to a judgement after 5 years in south africa

Even if the creditor decides not to pursue the debt further, a judgment will remain on your credit report for 5 years and, if unpaid, you will be held legally responsible for this amount for the following 30 years.

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