How long before court jugement for debt expires.I know how long the it is for debt.Is it the same time for a court judgements for debt.
2006-11-15 17:52:00 · 4 answers · asked by radio309 5 in Business & Finance ➔ Personal Finance
In most states, judgments are good for ten years and can be renewed for an additional ten years. During the life of the judgment, it accumulates interest and increases in size.
2006-11-15 19:05:49 · answer #1 · answered by JFAD 5 · 0⤊ 0⤋
Written off is in simple terms an accounting term on what they fee your debt. probable writes off the debt after 7 years or so. yet that does no longer mean the debt which you owe is forgotten. they could continuously come again and demand fee. Even after 17 years.
2016-10-22 04:31:52 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Dude, what makes you think that owing peopl money will ever expire? It doesnt. They may charge it off and sell it to another company for collections. But if you are talking about expiring on your credit report, then 7 years.
2006-11-15 18:01:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋
never
2006-11-15 17:54:07 · answer #4 · answered by ? 7 · 0⤊ 0⤋