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How long is a judgment valid?

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2006-09-06 17:43:09
2006-09-06 17:43:09

Judgments accrue interest and can be from 5-20 years of duration with the majority of them being renewable. This means that a judgment can literally last for the debtor's lifetime (in some cases, beyond), with the debtor owing several times the original debt. In most states the debtor does not actually have to be served with the notice of judgment, as the law only requires that a reasonable attempt has been made. If the debtor attempts to avoid service, he or she may also be forfeiting their right to protect personal and real property from creditor attachment or seizure.

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Related Questions


This time varies depending on the state in which you live. An attorney in your area can tell you how long it is valid for in your state.


Yes. If the creditor has won a judgment against the trust. It cannot be levied for a debt against the beneficiary as long as the trust is a valid trust.Yes. If the creditor has won a judgment against the trust. It cannot be levied for a debt against the beneficiary as long as the trust is a valid trust.Yes. If the creditor has won a judgment against the trust. It cannot be levied for a debt against the beneficiary as long as the trust is a valid trust.Yes. If the creditor has won a judgment against the trust. It cannot be levied for a debt against the beneficiary as long as the trust is a valid trust.


Unsatisfied judgments remain on the judgment debtor's CR for seven (7) years. A judgment can be valid for 5-20 years depending upon the laws of the state where the judgment was granted. Most judgments are renewable and can remain valid for a very long time, this is only one reason why a judgment can be extremely damaging to a consumers financial status.



If you have a judgment from a collection agency and it is valid, you have to pay it to have it reversed. If it is not valid you can try to appeal it.


In perpetuity, unless the judgment contains some kind of wording which declares that it expires after a certain date, or upon some other circumstance. It depends on what State the judgment is in. I doubt any State has judgments that remain valid in perpetuity. For example, in North Carolina, a judgment is valid (meaning it can be enforced by a creditor) for 10 years from the date the judgment is entered in the court house records, and it can be renewed for 10 years. The record of the judgment will stay on the books forever, but it becomes irrelevant after the applicable statute of limitations has run. Check your State statutes or ask your local court clerk's office about how long judgments are valid in your State.


Until the amount owed is paid in full or the judgment creditor agrees to a settlement of the debt.


You can pay off the judgment , prove with a letter or some valid evidence that the judgment was made in error..


The statute of limitations to sue for a judgment will vary by state and the type of claim. For example, California has a 4-year statute of limitation for breach of written contract and judgments in California last for 10 years and are renewable. A judgment will stay on your credit so long as it is valid.


The Lien against the bank account will expire 1 year after it is placed. A NY judgment is Valid and enforceable for 20 years from the date of entrt.


Until it's paid. Judgments are valid from 5-20 years depending upon the type of judgment rendered. Most judgments are renewable and can last indefinitely until voluntarily paid, satisfied or successfully executed by the judgment creditor against the judgment debtor


If the judgment is valid it can be executed by the judgment holder in the manner prescribed by the laws of the state in which the judgment debtor resides. The only action available to avoid a lawsuit judgment is to reach an agreement with the creditor for repayment of the debt.


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.


File a motion to vacate based on that fact. After the judgment is entered there is a SOL for filing that motion.


If the judgment was granted against someone other than the deceased the judgment is still valid and will remain until it is satisfied or paid in full.


The judgement can occur years after the limitation is reached. As long as the law suit was filed prior to them expiring, the judgement is valid.


Yes if the garnishee has received the bonus and/or commission it can be garnished at the time the judgment writ is executed and as long as the garnishment remains valid.


No, it is still valid and the holder of the judgment writ can enforce it in the manner allowed by the laws of the judgment debtor's state.


For as long as the document is valid.


The removal of a judgment from a CR does not mean it is not valid and collectible. Judgments are awarded for a 5-20 years duration and most are renewable. In the majority of cases they will remain valid until they are paid in full or a settlement is made. A judgment that is renewed can be reentered on a CR.


If you have a valid small claims judgment that is wholly or partially unsatisfied, you may assign the judgment to a third party by filing an Assignment of Judgment form with the clerk of the court. Contact the court for a copy of this form.


A judgment collects interest for as long as it remains unsatisfied (paid). Likewise a judgment can be executed at any time before it expires against any non protected property belonging to the debtor. Most states allow judgments to be valid for 10-20 years and many are renewable, meaning they can last indefinitely.


The usual time limit is ten years at a maximum of 8% interest. N.Y. does not allow most judgments to be renewed. A judgment in New York is valid for twenty years. During that time it can enforced against a judgment debtor's income and assets. A lien of a judgment resulting from the docketing of a judgment with the County Clerk is good for ten years, and can be renewed for another ten years.


there is no time frame or a bank draft, it is valid for as long as you have it.


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