What is a Judgement on rental history?

What is a Judgement on rental history?

Basically, a judgment is the last resort for somebody who has money owed to them. The most common ones we see are filed by credit card companies, banks, and past landlords who are still owed rent and/or damages.

What is the difference between a Judgement and an eviction?

A judgment is something the court gives the prevailing party in a lawsuit. An eviction is when an occupant is required to move from a property. If the only reason your landlord sued you is because you owe rent, you can usually stop the eviction by paying your landlord everything you owe.

How long does a rental judgment stay on your credit?

seven years
Once you’re sued for unpaid rent and the landlord wins the case, you’ll have a civil judgment against you. The civil judgment is what will be reported on your credit history. A civil judgment is a very serious negative mark and stays on your credit report typically up to seven years, even if you’ve paid off the amount.

How do I clean up my rental history?

You can petition to have a previous eviction removed from your rental history by the reporting company if you’ve since repaid the landlord or community. Look into an eviction expungement in your county.

What happens if a tenant fails to pay a judgment?

This way, even if the tenant fails to pay, you can file have his wages or bank accounts garnished until the money is paid in full. Once a money judgment is official, it can be submitted to collection agencies and reported on the tenant’s credit report.

What kind of property can a judgment debtor not take?

There are certain types of property that a judgment creditor cannot take from a judgment debtor, even to pay a civil judgment. This property is called “exempt” property because it is excluded from the execution process.

What happens if I win an eviction judgment?

This involves serving the tenant with a summons and complaint for eviction. Upon winning the lawsuit, you’ll receive a judgment allowing you to take possession of the property. However, this doesn’t allow you to simply throw the tenant and his belongings out onto the street.

Can a judgment debtor take money from a landlord?

Money that the judgment debtor reasonably deposited with his landlord to rent or lease a dwelling that is used as his primary residence, unless the landlord is enforcing the terms of the rental agreement or lease. (NRS 21.090 (1) (n).)

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