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Since judgments no longer appear on your credit report, they do notdirectly impact your credit score. However, financial choices and behaviors that lead to having a judgment on your report may indirectly affect your score. You may have outstanding balances, debts, collections and more.
Abstract of judgment refers to a copy or summary of a courts judgment . Some common uses of the term abstract of judgment include: In the context of a civil case , abstract of judgment is a document disclosing a monetary award issued by the court in favor of a judgment creditor against a judgment debtor .
If you have a debt judgment against you, you will not be able to obtain a mortgage until it is settled. Before you can close on escrow, you will have to settle the lien and show documentation for it.
An abstract is a brief summary of a judicial judgment, usually written by a barrister or academic for publication in law reports.
Tells you that a lien can be placed on any real property (like a house) that you own now or in the future, as long as you owe support.
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As a result, paying the underlying debt is the first step in releasing an abstract of judgment. Filing bankruptcy and moving to have the lien lifted is one way to remove an abstract of judgment that affects an exemption, such as a judgment lien on ones home.

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