Can Auto Repossessions be removed from a credit report?
Usually an auto repossession will remain on your credit report as a negative entry for seven years, and even longer if the debt goes to court and a judgment is placed against you. If a judgment is placed against you, it may remain for ten years, depending on which state you live in. The judgment will remain for ten years after the date of the last payment made, and can even be extended for an additional ten years in some circumstances. These can be removed from your credit report – but it is difficult and some advanced credit repair techniques are required. In fact, any debts that go to a collection agency will renew the date for which is it calculated, extending the time out even further. If you have a repossession on your credit report – and you disagree with the information – it is usually a bad idea to add a comment to your credit report, explaining the circumstances surrounding the repossession of your vehicle. The better option is to dispute the item and you can get a full step-b
