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Can the State of New York file a judgment for an alledged student loan debt that is 37 years old?
Wiki User
∙ 17y ago
Proof would have to be presented that the debt was valid before a judgment could be entered against the debtor. Since a judgment was entered then acceptable validation must have been provided to the court. Student loans both state and federal do not have SOL's, so the judgment is more than likely valid and enforceable.
Wiki User
∙ 17y ago
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Does a lien go off a home after 7 years if not paid?
It depends on your state laws. Check your state laws to see how long a judgment can be enforced and if judgments are "renewable" in your state. My state (Georgia) length of time a judgment (lien) can be enforced is seven years unless the creditor requests a renewal of the judgment by filing in court again. Then they have seven more years to attempt to enforce the judgment.
How long does a judgment stay on your credit report in Indiana?
In Indiana, a judgment can stay on your credit report for seven years from the date it was filed. This can negatively impact your credit score and ability to access credit in the future. It's important to resolve any outstanding judgments or work with creditors to reach a settlement to improve your creditworthiness.
When is debt closed if debt collectors can't find you?
In the state of Wisconsin the statute of limitations is 6 years. That is 6 years from the time the services were rendered or from the date of last payment. If they obtain a judgment on you then the statute of limitations can be up to 20 years from date of judgment. In the state of Wisconsin the statute of limitations is 6 years. That is 6 years from the time the services were rendered or from the date of last payment. If they obtain a judgment on you then the statute of limitations can be up to 20 years from date of judgment.
How many years does plaintiff have to enforce judgment?
The time limit for enforcing a judgment varies by jurisdiction. In general, the typical time limit is around 10 years, but it is important to check the specific laws of the state or country where the judgment was issued for the exact timeframe. After the time limit expires, the judgment may no longer be enforceable.
What if you have a judgment against you but don't have the money to pay?
If you can't pay the judgment, it will continue to accrue interest at a rate that is generally established by the state legislature each year. State law will provide that the judgment is enforceable for a fixed number of years, the number being established by the statutes of the state in which the judgment is entered. There will also usually be a process by which the judgment creditor can renew the judgment's life for one or more successive periods.
How long does a civil judgment last in Kansas?
In the state of Kansas, a civil judgment lasts 7 years. However, a judgment can be extended if it is re-opened in court before the 7 year deadline.
How long does civil judgment last in the state of GA?
In Georgia, a civil judgment typically lasts for 7 years but can be renewed for an additional 7 years. This means that the creditor has up to 14 years to enforce the judgment against the debtor's assets or income.
Can a judgment be put on you for an auto repossession from 15 years ago even if there has never been a judgment for it?
Call a local attorney for state specific advice on the SOL.
How long can a judgment remain on your record?
In the majority of cases a judgment will remain on you record for 7 years. In the case of Chapter 7 bankruptcy, the judgment can be reported for 10 years. The FCRA (Fair Credit Reporting Act) allows for a judgment to be reported for a period of no longer than 7 years, but this is not mandatory for every state. Your local state laws may indicate a shorter or longer period in which the judgment remains active. Most states comply with the 7 year period as a fair guidance for collection agencies and credit bureaus. A creditor can go back to court and renew a judgment before it lapses. The renewed judgment would extent the life of the debt for another 7 years.
Does the amount of a lien stay the same over the years?
Generally a judgment executed as a lien will continue to accrue interest at the rate that is allowed by the laws of the state in which the judgment was granted.
How long is the statute of limitations on a judgment?
Generally until it has been paid in full or the judgment holder agrees to a settlement. The majority of judgments are renewable and therefore can last an indefinite period of time even though there was a time noted in the judgment writ. The original judgment writ can be any period of time from 5 to 20 years pursuant to the laws of the state in which the judgment is granted.
If a 7-year-old charged off card was sold to a lawyer who got a judgment 3 years ago and you made some payments to lawyer can the judgment be removed from your credit report due to age?
If the judgment was rendered 3 years ago, it will remain for at least another 4 years or it could remain for the entire period that the judgment is valid. Depending on state laws, that could be 10,20,30 or more years.
