My sister had her car repoed like 6 years ago. The bank has been filing to get the money left on it after it was sold. (Its close to 3K) anyways she looked up on her credit report and it showed a judement against her. When she looked up the court records online it said that they had served her with court notices like 3 times and everytime she has gotten them...which is a bold face lie. She never knew she was being served. She never once had anybody server her at home or her job. My question is how long can they try to get the money from her or will this thing go on forever?
2007-05-30 10:29:20 · 7 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
you'll probably have to contact a lawyer and see what the statue of limitations are in a case like this.
2007-05-30 10:45:29 · answer #1 · answered by Anonymous · 1⤊ 1⤋
This could go on forever - a judgment can be "revived" at the end of ten years. If it is for enough money and the creditor is particularly vigilant, the judgment could conceivably be revived perpetually. Many creditors turn the monitoring of the revival date over to attorneys to worry about so that the dates are not missed.
2007-05-30 20:19:29 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Well, I can tell you - it won't go on forever because one way or the other, sooner or later, the bank will collect the money.
She owes this money and the bank will do everything necessary to collect it. If she doesn't pony up, they will go to court and get a judgement to attach everything she own....they will put a lien on her bank accounts, on her car, her house and any personal items she owns that has value.
And don't try the old "Gee, I didn't get anything about court" tactic...it doesn't work. The court can PROVE delivery. If she chose not to open it, if she trashcanned it or ignored it - that's her problem.
She should make arrangements to just pay it off because her life will become more and more miserable for her...and they will NEVER stop. She is not entitled to free money....
2007-05-30 18:02:07 · answer #3 · answered by Anonymous · 0⤊ 2⤋
First of all, a judgment is good for as long as the particular state (IF YOU ARE IN THE U.S.) statute stipulates. ALso, SOME states allow a judgement to be renewed one time for the life of the judgement.
If you were, for example, in California, then the original judgement would be good for 10 years with a one-time renewal for another 10 years. So, would you like to tell us in what state the bank is located?
Also, tell sis that every state allows interest to be added to the amount of the unpaid judgement. In California it is 10% per year. It adds up real fast.
Now, tell us in what state the bank is located.
2007-05-30 21:11:55 · answer #4 · answered by hexeliebe 6 · 0⤊ 1⤋
As long as the bank keeps re-filing the judgment, it can go indefinitely.
2007-05-30 17:33:51 · answer #5 · answered by regerugged 7 · 2⤊ 0⤋
first off you can not look that info up on your computer/they can keep after you as long as they want or untill hell freezes over
2007-05-30 19:52:55 · answer #6 · answered by charlsyeh 7 · 0⤊ 1⤋
Just depends if she paid for it!!! If not forever pay up. I am tired of you people not paying your bills and now I am paying for it.
2007-05-30 17:36:06 · answer #7 · answered by $1,539,684,631,121 Clinton Debt 6 · 0⤊ 2⤋