Summary Judgment renewal?

Question

If a summary judgment was entered on a repossesion, is it there forever till paid or does it have to be renewed every so often, I heard every ten years....I live in Texas

It does not show on credit report? just attached to my land, can't sell or borrow on land till paid, do they have to renew every so often to stay attached

It does not show on credit report? just attached to my land, can't sell or borrow on land till paid, do they have to renew every so often to stay attached

Answer 1

Under Texas Law, a judgment is valid for 10 years:

§ 34.001. NO EXECUTION ON DORMANT JUDGMENT. (a) If a writ of execution is not issued within 10 years after the rendition of a judgment of a court of record or a justice court, the judgment is dormant and execution may not be issued on the judgment unless it is revived.
(b) If a writ of execution is issued within 10 years after
rendition of a judgment but a second writ is not issued within 10 years after issuance of the first writ, the judgment becomes dormant. A second writ may be issued at any time within 10 years after issuance of the first writ.

Acts 1985, 69th Leg., ch. 959, § 1, eff. Sept. 1, 1985.

http://tlo2.tlc.state.tx.us/statutes/docs/CP/content/htm/cp.002.00.000034.00.htm#34.001.00

However, a judgment may be revived once it becomes dormant:

§ 31.006. REVIVAL OF JUDGMENT. A dormant judgment may be revived by scire facias or by an action of debt brought not later than the second anniversary of the date that the judgment becomes dormant.

Acts 1985, 69th Leg., ch. 959, § 1, eff. Sept. 1, 1985. Amended
by Acts 1995, 74th Leg., ch. 935, § 1, eff. Sept. 1, 1995.
http://tlo2.tlc.state.tx.us/statutes/docs/CP/content/htm/cp.02.00.000031.00.htm#31.006.00

It will show up on a title report, and this is of importance to you if you want to get a mortgage or sell your land.

Answer 2

In Illinois a summary judgement stays on you credit report for 20 years. That said what it means is at anytime during that time if you ever own anything big or have money in a bank the people who got the summary judgement can take the money and run and put a lien against the house,car or whatever and youo can not sell until they are paid. Should of gone to court on it. Most finace places will work with you. Just did it on a 61/2 year old credit card bill I thought was paid. Only have to pay 25/month on a 4,000 debt. It worked out better for me. Now I do not have to worry about whether myrent money will still be in the account when the check goes to clear. No judgement is entered when you agree to terms with them.