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Tax lien reported as paid judgment

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Travis Boyette Guest	Posted: Thu Oct 20, 2011 12:28 am    Post subject: Tax lien reported as paid judgment Like 0 Dislike 0 My dad wants to own a new apartment and so I’m just trying to help him with his credit. When I checked his credit report, I found 2 tax liens that were satisfied back in 2008 and 2009 but they are showing up as paid judgments! Why have they changed the status of the account? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
jerry Moderator Joined: 17 Oct 2005 Posts: 2708 Location: MICHIGAN 429.63 Dollars($)	Posted: Thu Oct 20, 2011 1:02 am    Post subject: Like 0 Dislike 0 Hi Travis, The tax lien was placed on the property after a lawsuit had been filed. When your father paid off the tax lien, he has actually paid off the judgment. As a result, I think, his credit report mentions the account as "paid judgments". Thanks, Jerry
banker0679 Community Expert Joined: 15 Nov 2007 Posts: 452 Location: Charlotte, North Carolina 19.27 Dollars($)	Posted: Fri Oct 28, 2011 6:28 am    Post subject: Like 0 Dislike 0 Negative items show up on a credit report for up to 7yrs...whether paid or unpaid Since he paid the tax liens...they will be remove from when he first went delinquent or when they first reported it _________________ there's always hope! "My credit score shot up 68 points!"

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