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Does a judgment lien become non collectible if it is allow to expire?
Wiki User
∙ 14y ago
Yes.
Wiki User
∙ 14y ago
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Does authoritarian governments allow individuals freedom of judgment?
Authoritarian governments do not* allow individuals freedom of judgment.[:
What law acts did Thomas Jefferson allow to expire in the 1800?
The Sedition Act.
Can a judgment be placed on you due to a deficiency in a repossession?
Yes, the lender can file suit for the outstanding amount and if they receive a judgment they can execute the judgment in the manner in which the laws of the judgment debtor's state allow.
Does Virginia allow wage garnishment for credit card debt?
Yes, a judgment creditor can execute the judgment as a wage garnishment.
Do tags on license plates expire at the beginning or end of the month?
The tags on license plates expire at the end of the month. Many states allow people to renew tags online or by mail.
Will a credit card debt judgment in Canada be imposed in the US?
No, the differences in laws governing the execution of a creditor judgment does not allow for the enforcement of such in countries other than that which the judgment was entered.
Can you file bankruptcy if you have charged off and judgment accounts 10 years ago?
If those are the only debts, the question becomes, what is the statute of limitations on the debt and the judgments. Some states limit judgments to ten years, some twenty, and some of the ten-year states allow extension of collection on the judgment to another ten years. If the debts and judgments are no longer collectible, why file? Nothing prevents you from filing, however.
Can collection agencys put a lien on property for unseccured debt?
Yes, collection agencies can do this. However, first they need to sue the borrowers and obtain a judgment from the court against the general assets of the defendants. Usually, a judgment will become a lien on any real estate property the borrowers own. If the collection agency does not go to court to sue for a judgment, however, it can not place a lien on a home. And not all states or counties may allow judgments to be attached as liens, although many do allow this process.
Does the state of Illinois allow mortgage companies to sue for a deficiency judgment after the foreclosure?
yes
Can credit card judgment take money from your bank account?
Most states allow a judgment creditor to conduct a bank account levy to help collect a judgment. The exact procedures vary by state and they have to be able to find your account somehow.
Why does modern Christianity not allow passages from the non canonical Gospels to be read in Church?
Some do allow 'non-canonical' writings into their respective Churches. It is a human judgment.
How do you file a judgment against a company?
The person/creditor that is owed money sues the debtor/borrower in the appropriate state court. If the plaintiff (person owed) wins the suit he or she will be awarded a writ of judgment. Be advised the court will not collect or assist in collection of money owed, that is the responsibility of the judgment holder. A judgment can be used in several ways depending upon the laws of the state where it is awarded. Wage garnishment and bank account levy are the two most common ways of executing a judgment. It can also be used to place liens against real property or have non-exempt assets belonging to the debtor seized and sold. Before initiating a lawsuit it should be determined if the debt is collectible. All states allow debtor exemptions for personal and real property. In many cases the debtor/defendant qualifies as being "judgment proof", meaning there is not property that can be attached and/or sold for debt repayment.
