Wednesday, August 5, 2009

How do I clear an eviction notice on my credit report?

I was evicted from my apt 4 years ago. Since then it%26#039;s been hard finding a new apt. I have a couple of questions. The rentor agency took me to court and that is on the report. I did not go because of different locations. In addition to that report of them taking me to court, i also have a section showing how much I owe them....My question is if i pay the rentor company, will it have the authority to drop the charges and thus wipe it away from my report?



How do I clear an eviction notice on my credit report?

When was the last time you were in contact with either the collection agency or the rental company? If 4yrs has already expired, you have 3 remaining until the note is purged from your file. If you try to contact them again, the clock essentially resets and you will have to wait another 7 years. If you haven%26#039;t been in touch with them, don%26#039;t start now.



Your other option is to work out an agreement with the collection agency. Negotiate how many cents on the dollar or the total amount due. If you luck out and they accept an amount you are able to pay off, make them put in writing that when the amount is paid they will request to clear the negative item in your credit report.



How do I clear an eviction notice on my credit report?

I would dispute the item on the credit report with the credit agency that have it. It%26#039;s up to them to prove that it really happened. Just hope it not still in your file with the landlord. 99% of the time they will not remove it when you pay it. Maybe you can negioate something with them.



I would continue to challenge the credit agencies until its removed.



How do I clear an eviction notice on my credit report?

Now did they just put a mark on your credit or do you have a judgment against you? They are 2 different things. If I evict someone and go after damages or owed rent, the Judge puts a judgment against them, and that will remain open until its paid. So what is it that you have a judgment or a bad mark on your credit?



How do I clear an eviction notice on my credit report?

It will change it%26#039;s status from an outstanding judgement to a paid judgement which stops them from chasing you. The fact that it happened can not be removed unless through a dispute process that resulted in your favor. The dispute would take advantage of laws that require the creditor to respond within 30 days and if they don%26#039;t, it is removed. This is very hit ir miss.



I write a blog on the subject of credit management, mortgages, real estate trends, etc. Check it out for more information that may be helpful.

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