In Wisconsin, the statute of limitation for judgements is 10 years.
Does that mean that they don't have the right to collect after ten years, or does it mean they can't further their case in court?
I thought it meant that your creditor couldn't file FOR a judgement, but from what I read, that is classified under the statute of limitation for DEBTS...so confusing.
Can someone simplify the differences between this sort of statute of limitations?
Thanks all!
2007-12-05 01:38:43 · 4 answers · asked by Star 5 in Politics & Government ➔ Law & Ethics
I know what you are talking about, but I can't find the information anywhere online, sorry.
2007-12-08 14:24:01 · answer #1 · answered by Anonymous · 0⤊ 0⤋
i judgment is something that the court has already decided - ie you owe someone money. that judgment is good for 10 years, but the people that got the judgment on you can ask to have the judgment renewed before it expires, which essentially means it can be forever until the debt is paid off - as long as the plaintiff asks for the renewal.
2007-12-05 09:52:18 · answer #2 · answered by jack spicer 5 · 0⤊ 0⤋
your question isn't clear; usuallly it means they have 10 years in which to file for a judgement. Most states allow a judgement to stand of recored as valid for 20 years
2007-12-05 09:42:45 · answer #3 · answered by wizjp 7 · 1⤊ 0⤋
contact a lawyer, if you cannot afford one contact a free
legal aid organization. they can tell you for sure.
2007-12-05 09:45:05 · answer #4 · answered by Jerry S 7 · 0⤊ 1⤋