Student Loan Judgments

Factual Questions
1

Decisions made as a youth resulted in an excessive amount of student loan borrowing, one of which ended up as a judgment in circuit court.

It is common knowledge that student loan debt can no longer be included in bankruptcy like other debt–it’s special that way. Experian says civil judgments automatically drop off one’s credit report seven years after the filing date (seven years ago this July). Anyone know if this holds true even if the plaintiff in the case was Sallie Mae (Student Loan Mktg Assn), and the judgment concerned a federally guaranteed student loan?
thanx

2

Confirming that a judgement, regardless of type, will fall of a credit report after 7 years from the date filed.

Resident Credit Guru

3

Phil’s correctly answered the question, but two comments:

  1. Occasionally, the credit agency requires some prompting.
  2. Under most states’ laws, the judgment remains enforceable, or at least subject to reinstatement. Not reported in a credit report does not mean the judgment goes away.

IAAL, but not your lawyer, etc.