{"ok":true,"canonical_url":"https://dealroom.so/glossary/unresolved-judgment","api_url":"https://dealroom.so/api/public/glossary/unresolved-judgment","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"unresolved-judgment","term":"Unresolved judgment","group":"Reading the business","definition":"A court decision against an individual or business that hasn't been paid or satisfied. This indicates a past legal financial obligation that remains outstanding.","what_it_means":"An unresolved judgment against you, any Key Principal, or the business itself is a significant red flag for an SBA loan. Lenders will uncover these during due diligence and personal financial statement review. You'll need to satisfy or resolve any such judgments before loan closing, as they impact your creditworthiness and eligibility.","url":"https://dealroom.so/glossary/unresolved-judgment","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"},{"slug":"sba-form-1919","title":"SBA Form 1919 — Borrower Information Form","official_url":"https://www.sba.gov/document/sba-form-1919-borrower-information-form","official_label":"View on SBA.gov","authority_tier":4,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sba-form-1919"}],"related":[{"slug":"personal-liability","term":"Personal liability","url":"https://dealroom.so/glossary/personal-liability"},{"slug":"derogatory-mark","term":"Derogatory mark","url":"https://dealroom.so/glossary/derogatory-mark"},{"slug":"credit-report","term":"Credit report","url":"https://dealroom.so/glossary/credit-report"},{"slug":"personal-judgment","term":"Personal judgment","url":"https://dealroom.so/glossary/personal-judgment"}],"related_questions":[{"question":"What if the business I want to buy has pending litigation or unresolved legal claims?","url":"https://dealroom.so/sba-7a/questions/what-if-the-business-i-want-to-buy-has-pending-litigation-or-unresolved-legal-claims"},{"question":"Can an unresolved dispute between me and the seller prevent SBA 7(a) loan approval?","url":"https://dealroom.so/sba-7a/questions/can-an-unresolved-dispute-between-me-and-the-seller-prevent-sba-7-a-loan-approval"},{"question":"What if the business I'm acquiring has pending tax audits or unresolved tax issues?","url":"https://dealroom.so/sba-7a/questions/what-if-the-business-i-m-acquiring-has-pending-tax-audits-or-unresolved-tax-issues"},{"question":"Does having a recent civil judgment against me affect my SBA 7(a) loan eligibility?","url":"https://dealroom.so/sba-7a/questions/does-having-a-recent-civil-judgment-against-me-affect-my-sba-7-a-loan-eligibility"},{"question":"What if my personal credit report shows a judgment that has been satisfied or paid off?","url":"https://dealroom.so/sba-7a/questions/what-if-my-personal-credit-report-shows-a-judgment-that-has-been-satisfied-or-paid-off"},{"question":"Will a past tax lien or judgment on my credit report prevent SBA 7(a) loan approval?","url":"https://dealroom.so/sba-7a/questions/will-a-past-tax-lien-or-judgment-on-my-credit-report-prevent-sba-7-a-loan-approval"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Unresolved judgment","url":"https://dealroom.so/glossary/unresolved-judgment","source_type":"DealRoom Data"}}