Remove a Judgment From Your Credit Report

A judgment insurance qoute essentially a court order that acknowledges that you own a debt and it gives the creditor the right to seize certain assets in repayment of that debt. Not all assets can be seized and the judgment might even specify what assets can be seized. The best way to deal with a judgment is to avoid one at all costs. Typically, you will have sufficient warning to know that a judgment is on its way. You should receive notices from court or letters from the creditor stating that they are attempting to place a judgment against you.

If this has happened you need to do your homework! Who is the creditor in question? What is the debt they are trying to collect on? Is it yours? Sometimes it is hard to say as collections and charge offs are constantly changing hands as they are bought and sold as a commodity. Junk debt collectors will buy older collections and charge offs for what amounts to pennies on the dollar. They will then do their best to collect on the alleged debt by sending you letters threatening you with judgments etc.

The first thing that you should do once you find out what the debt is from is to figure out your states statute of limitations. This is the length of time that your state will allow for a contract to be enforced. More than likely the date of last activity on the account will be the starting mark and not when the account was originally opened but again check with your state's statute of limitations. The date of last activity is the "date of the last mutual activity on the account" typically this would be the last time you made a payment on the account. If your states statute of limitations is three years and you haven't made a payment for five the collector will not typically have a cast against you.

Once you have done your homework and you have figured out if the debt is or isn't with in the statute of limitations you should write a letter to the collection company. You need let them know one of two things. Either let them know that the debt is to old to collect on in your state or tell them that you are disputing the validity of the account (i.e. you don't know who they are and what they are trying to collect on). If you make a copy of this letter and send it certified return receipt you will have some proof to a judge that you attempted to rectify the situation if the collection company doesn't respond.

If they do respond and you do owe the alleged debt you should attempt to settle with them before court! You will save court fees and you will not have a judgment placed on your credit report. Usually on an older debt you should try and settle for around 50% of the balance along with the complete removal of the item from your credit report. Make sure to get everything in writing so you will have proof of the terms you have agreed upon before you send any money to the creditor.

To learn more or to my-credit-storyjudgment/remove a judgment from your credit reports please visit my consumer my-credit-storycredit report repair blog.

Shayne Sherman is the owner of several consumer credit repair blogs.

Summertime Gift Ideas

While summer means hours of fun in the sun, it can also mean for many kids a total change in routine. While vacations are fun they also can bring with them some challenges where children are concerned. The relaxing cabin on the lake might be just what the doctor ordered for mom and dad, but the change in routine and the change in surroundings might make for a difficult few days for the little ones. A well stocked kid's activity gift basket can help smooth over the homesickness and routine change. Not only is it exciting to discover what is in the colorful basket or sand pail, but the basket of goodies will provide a treasure trove of fun things to do. Gift baskets which pair yummy eatable treats, like crackers, cookies and candy with fun coloring books, bubbles, sand toys and other fun toys are the best of both worlds. Sweet treats and great summer fun.

Being benched by injury is never fun; it is especially troubling when it occurs during the summer. A broken arm or leg can sideline kids for the entire summer break, meaning no more little league, and no more swimming, no more bike riding and in many cases can limit their enjoyment of camp. A well stocked gift basket can help ease their pain. It will not only be a great way to show them how much they are loved but it will provide them with fun things to do, while stuck on the sidelines.

For older kids, sleep away camp is a right of passage. It is a time to sample being on their own or at the least out of the house for a bit. It is fun to experience camp with their friends, but it can also be scary and many children experience a bit of homesickness. A nice letter and a gift basket from home is a wonderful way to remind them just how much they are missed and loved and really why tell them that you miss them more than they miss you - when you can shower them with good wishes and yummy treats instead.

The credit card purchases of summer means that school is just around the corner for new kindergarteners, new sixth graders and new high schoolers and all grades in between it can be a daunting transition. Why not smooth the path with a great back to school or end of summer gift basket. Make the transition seem exciting and less scary with a little celebration with the basket as the centerpiece. Through history rites of passage have been marked with celebrations and gift giving, this big seasonal transition should be no different.

Summer is the time for backyard BBQs and evening gatherings around the fire pit or built in outdoor fireplace, sharing great food, and great wine and good times. While these gatherings are generally informal and relaxed, that does not mean the host and hostess would not appreciate a wonderful gift. Choosing the perfect gift is a challenge.

A bottle of wine or a selection of fine chocolates is always a great idea. Candles or something for the bath is a nice idea also. A basket loaded with nice soap for the kitchen is a great and very useful gift.

Another wonderful summer inspired hostess gift is a picnic basket or tote. With so many styles and colors and sizes, there is bound to be something to suit every mood. From super sporty picnic backpacks to very elegant wicker and wooden hampers, a picnic basket is a gift which can be used and appreciated for years to come.

Not sure if the host or hostess is the picnic type, then consider a wine tote or assortment of barbeque tools or gardening tools. While it is normally appropriate to bring the hostess gift the night of the party, there is absolutely no reason that a lovely thank you for a great party or certainly if the gift is after an overnight stay, cannot be sent after the actual occasion. It is the thoughtfulness and the genuine caring which will be remembered for years to come.

Summer means music is in the air. In many communities, summer is the time for outdoor theater productions in the park, music on the green, music festivals and much much more. While it is certainly acceptable to pick up ready to eat selections at the corner market or grocery store and take them in the plastic bag, wouldn't it be more fun to pack up a an attractive picnic basket or wine hamper. Picnic baskets come in a variety of materials ranging from traditional to contemporary. They can be more like a beach tote with an insulated lining or the traditional wicket basket with jaunty gingham fabric lining!

Be it wine and cheese or some bear and dips, the presentation will only add to the enjoyment of music and ambiance of the park and the music. One of the best parts of summer is the relaxed atmosphere and the slowness of a lazy summer day. Summer events are centered around fun - the ambiance will set the mood. Creating the right mood requires the right props. A picnic tote or basket can help turn ho-hum hummus into a picnic feast!

Investing in a basket and tote for personal use or as a gift for a wedding shower, housewarming or birthday is an investment in food, fun and family times for years to come.

mygiftbasketideasMy Gift Basket Ideas is an online gift basket store that specializes in great gift ideas for every occasion.