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    acjones's Avatar
    acjones Posts: 3, Reputation: 1
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    #1

    Dec 8, 2014, 11:49 AM
    How long can an mortgage judgment stay on your credit report?
    It's been over 14 years since I lost a home in forecloser, now I'm trying to get an new home and the bank is asking about an judgement, witch I do not see on none(3) credit reports. How long are these type of judgements to stay .
    ScottGem's Avatar
    ScottGem Posts: 64,970, Reputation: 6056
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    #2

    Dec 8, 2014, 01:35 PM
    A credit issue is required to be removed after 7 years from the credit bureaus. But that doesn't make the item go away. The term of a judgement depends on local law and, since you neglected to tell us your general locale, we can't answer. Most judgments are initially for 7-10 years and renewable for at least another 7-10 years.

    You need to find the court that issued the judgement to find out when it will expire.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,267, Reputation: 7690
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    #3

    Dec 8, 2014, 04:48 PM
    The fact is , it happened, even if not showing up on a credit report, (it should come off in 7 years normally, Some debts will show up 10. But there are many ways a lender can find out about past information, beyond credit reports. If they find out about it, you will have to explain.
    acjones's Avatar
    acjones Posts: 3, Reputation: 1
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    #4

    Dec 8, 2014, 07:03 PM
    I Live in Miami Florida do this mortgage Judgment apply to this state for 7-10 years as well.
    ScottGem's Avatar
    ScottGem Posts: 64,970, Reputation: 6056
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    #5

    Dec 9, 2014, 05:47 AM
    The Florida statute (Chapter 55) is not 100% clear on this. But it appears that a judgment is initially for 10 years and renewable for another 10.
    acjones's Avatar
    acjones Posts: 3, Reputation: 1
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    #6

    Dec 9, 2014, 07:49 AM
    Thank you ScottGem & FrChuck for your help I guess my dream's are crush.. but I will go to the courts to see what they have because this was not on none of the credit reports..
    ScottGem's Avatar
    ScottGem Posts: 64,970, Reputation: 6056
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    #7

    Dec 9, 2014, 08:04 AM
    Again, credit reports are required to remove items after 7 years. That only removes the item from report, not from your obligations.

    It doesn't mean you can't get a loan, however. If your circumstances were different 14 years ago, that caused you to go into foreclosure, you might still get approval. Discuss this with your lender or apply to other lenders.

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