Legal Question in Credit and Debt Law in Indiana

Re: credit history

1) Depending on whom you owe for rent, there is a liklihood that this debt will never be reported to a credit bureau. Doesn't mean that you don't owe it, it just may not be reported. If the landlord is a private individual it increases the chance that it won't be reported.

If the landlord does report, then having an outstanding balance by iteself is enough to be reported as delinquent. It wouldn't matter if they sued and got a judgment or not.

If they sue and get a judgment against you, that creates a new item on your report - it is listed in the public reocrd section of your report.

If you pay the judgment, the suit still shows, but it shows as judgment satisfied. If they don't have a judgment, but have reported it as delinquent, the delinquency still shows on your report, but it would show a zero balance. If it's on your credit report now, absent a showing of mistake, it will be there for 7 years. The public record (lawsuit) will be there for 10 years.