answersLogoWhite

0


Best Answer

The statute of limitations is based on age of last activity on the account, not how old the debt is. If you have paid on it or even promised to pay, they can garnish your wages or issue a lien on your home.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: I have a ten year old debt with hud and now they are threating to garnish my wages?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can a apartment complex garnish my wages This subject is older than a year can they come and garnish me anytime?

A landlord can garnish yor wadges if you do not pay rent


Can a third party creditor garnish wages for a foreclosure on a home loan that is over 10 years old and has already been removed from your credit report?

No one can garnish anything unless they sue you first and win a judgment. If the statute of limitations has expired on the debt, then you would have an affirmative defense in court should you be sued. The SOL period depends on state law. A 10 year old debt, however, should NOT be on your credit reports and can not be reinserted.


Can debt collectors garnish wages for medical debts?

YES! YES! YES!I am disabled and since disability income cannot be garnished, a local collection agency collected by garnishing my husband....TWICE last year for 3 medical bills incurred by me in 2005. They absolutely can and will...HHWash State


How soon can they garnish your wages after a repossession?

That depends on several things. How gast the lenders attorneys are, how fast the court pushes cases thru,ect. Maybe a year?????


Can i apply this year's paid taxes to previous year?

No, but if you have a refund on your tax return, it will offset to your tax debt from a prior year. Of course, an expected tax refund won't keep the IRS or state tax agency from taking other collection actions. They may garnish your bank accounts or wages to pay your tax debt. It's best not to count on an expected refund to pay off your prior debts and instead arrange a payment plan. The sooner you pay your tax debt from the prior year, the less interest you'll have to pay. Often the interest rate increases significantly when your debt isn't paid soon enough.


Can a lawyer hired by a collection agency garnish you wages or put a lean on your house on a debt over 10years old even if you stopped paying on it 1 year ago?

Yes first they have to get a judgment against you but the fact that it is over 10 years old is irrelevant It is your last payment that keeps the statute of limitations going and they vary from state to state and depending on what the original debt was for. If your last payment was about a year ago you will have awhile before they can't pursue you anymore.


Can a collection agency garnish your wages on a debt that is 11 years old?

All US states have a statute of limitations concerning the collection of debts. The longest SOL is 6 years, that being the case it is unlikely that the court would allow a creditor or collector to file suit in an eleven year old case. Be advised, it is the responsibility of the debtor to use an expired SOL as a defense when faced with a lawsuit. Wages cannot be garnished without a valid judgment having been awarded by the court.


My aunt is need of help she just found out they are going to garnish her wages for past payment that she has never received court order in mail. Single mother with a 15 year that is pregnant, low income what can she do to prevent this from happing.?

You will need to get out of debt first. You will not be given a grant with outstanding debts. First you need to contact a credit agency to help clear your finances. Then you should contact www.grants.gov


i have athird party collector that has garnished my wages for my student loan it is in default i was divorced in 2005 and out of work with a broken neck and unemployed for a year and 6months but now i am back gainfully employed i have been garnished b?

Yes, they can garnish your wages in this case. However, if the garnishment is so high that you cannot afford to live on the remainder, you can file for an adjustment.


Can a hospital garnish your wages if the bill is over 5 years?

In most states, yes, if they have a judgment. Judgments are enforceable for ten years with a potential ten year extension (in New York, judgments are enforceable for ten years from the date of judgment).


What are physical education teachers wages?

the wages are about 45,000 to 51,000 a year.


Can your spouse's wages be garnished for your twenty five year old student loan?

== == It could definetely happen. But the odds are low. If you haven't paid for that long, they should at least of sent you a letter reminding you that you are behind in payments. If you don't pay at that time then yes, they could garnish your check.