What can you do when there's a judgment on you but for years you haven't received any statement or updates of the account?

Answer 1

Once a judgment has been entered into court record no notification will be given to the debtor until the judgment is executed against the debtor's nonexempt property. Although most creditors will keep in contact with the debtor to attempt to reach some sort of settlement. Judgments can be valid for 5-20 years depending on the laws of the debtor's state and many are renewable. Please keep in mind that at anytime while a judgment is valid it can in most states, be used to garnish wages, levy bank accounts, place liens against real property or seize and sell property belonging to the debtor that is not protected under the laws of the state of residency.