In most states it is 10 years and can be renewed for another 10.You need to check the SOL in your state.
Yes. The debtor will receive a writ of judgment issued by the court stating the manner in which the debt will be collected. The debtor will be given a specific amount of time in which to respond to the judgment order before a levy or other action is taken to recover monies owed.
No, but for the purposes of collecting on a specific debt, such a stipulation can be spelled out in the divorce decree. You will then have the legal empowerment to collect on the debt. It needs to be separate line item in the divorce. The type of debt needs to be indicated, alont with a specific dollar amount that needs to be collected. Your attorney can draft this into the divorce decree. == ==
Undertaker was a bouncer and also collected debt as a bounty hunter
Yes, medical debt can be collected through garnishment. That does require that due process be followed, including obtaining a court order. And a court order would mean that you were informed of the judgment.
Not if the debt was discharged in the bankruptcy. If the judgment was on the credit report before the bankruptcy was filed and/or was discharged in the bankruptcy, the entry will still remain on the CR for seven years.
Yes!! you can settle your debt before, during, and after litigation. If you decide to enroll in a program, be leary of any that don't disclose information to you. generally a good debt settlement company will require extra steps from you prior to enrolling a legal/judgment debt. A bad debt settlement company will take your debt no questions asked.
A bad debt can be collected on indefinitely. The debt is owed until it is paid or written off by the creditor or individual.
Not if the judgment was obtained before the statute of limitations for the debt expired. The statute of limitations requires that a lawsuit be filed on the claim before the limitation runs out. While it might prevent the plaintiff from getting the judgment, but it does not invalidate the judgment.
Other than paying the debt, the only method for having a judgment quashed is to prove that it is invalid due to the content or the method in which the named person(s) was notified. Unlike the lawsuit summons itself, a debtor must receive and acknowledge the receipt of a final judgment notice before the judgment can be enforced.
If the husband was not liable for the debt, then his wages cannot be garnished to collect on the judgment. The judgment is against the person who incurred the debt.
A "default judgment" is granted when the debt is not contested. You would put information pertaining to your proof that the debt is not valid or actually owed. Just because a person feels wronged, or got inferior goods or service, is not proof enough.
None. Only bankruptcy provides protection against lawsuits and judgments.