If the judge makes a judgment against you for say, $3,000 is there a time limit to collect or is that judgment good for as long as it takes to get the money even if its for 30 years?
2006-07-25 07:33:37 · 11 answers · asked by Janosamagyar 1 in Business & Finance ➔ Credit
You could call the District Attorney's office and ask them.
2006-07-25 07:39:58 · answer #1 · answered by Balthor 5 · 0⤊ 0⤋
It does vary by state. Plus, many states have an option for renewal of the judgment.
You might check out the site I've listed and do some reading in the forums. You will be able to find links to your state statutes concerning judgments and judgment exemptions.
2006-07-25 10:13:25 · answer #2 · answered by echo 7 · 0⤊ 0⤋
Usually the payment is lined out in the judgement. There is no statute of limitations on it: Even 30 years down the road, you can be forced to pay it.
2006-07-25 07:39:11 · answer #3 · answered by cyanne2ak 7 · 0⤊ 0⤋
The statute of limitations applies to filing or suing for settlement. It does not allow you to skip out on a debt. Once judgment has been made, your only alternative is an appeal.
2006-07-25 07:42:24 · answer #4 · answered by Anonymous · 0⤊ 0⤋
It goes on a court dockett. With smaller amounts, they will generally set up a payment plan in accordance with yoru income and bills. For bigger amounts, the person may never see the money unless they win the lottery or something. They can garnish wages too, but it takes awhile as they won't go in and just screw you over and make you sell everything and live on the street, that would be cruel and unusual punishment.
2006-07-25 07:40:01 · answer #5 · answered by Veets 2 · 0⤊ 0⤋
All that figuring as to while it is going to come off your credit record is ineffective - A judgment is precisely that a "criminal" judgment and not comes off your record till that's paid - as to how long it is going to stay there - properly they nonetheless have judgments unpaid after seventy 5 to one hundred years so this is no longer likely (till that's paid) it is going to circulate away - maximum folk do no longer comprehend that a criminal judgment has easily no expiration time and basically is going away while that's paid in finished.
2016-11-02 23:38:43 · answer #6 · answered by ? 4 · 0⤊ 0⤋
10 years. But the plaintiff can renew it for another 10 years. So as long as they renew, it keeps staying 10yrs at a time.
2006-07-25 07:38:07 · answer #7 · answered by El Griton 4 · 0⤊ 0⤋
Varies by state. It can be part of the probate of a will tho and claimed in bankruptcy court. IRS gets first pick.
2006-07-25 07:36:59 · answer #8 · answered by Anonymous · 0⤊ 0⤋
varies by state. 7-15 years is usually the span
2006-07-25 07:36:53 · answer #9 · answered by ML 5 · 0⤊ 0⤋
time limit is also ecided by judge at the time of judgement
2006-07-25 07:37:00 · answer #10 · answered by Anonymous · 0⤊ 0⤋