Judgments do not automatically expire upon the death of the debtor; however, their enforceability can be affected. If the debtor has passed away, the judgment may need to be pursued through their estate during the probate process. Creditors typically have a limited time to file claims against the estate to collect on the judgment. If the estate is insolvent or there are no assets to satisfy the judgment, it may ultimately go uncollected.
None. There is no debtor's prison in the US.
A judgment does not go away when a creditor or a debtor dies. In the event it is a person who has obtained the judgment, his or her estate or assigns would be able to continue to collect against any monies owed. Judgments do expire, but times for this vary from state to state.
If you were not a joint debtor you are not responsible for repayment of deceased parent(s) debts.
Yes, most judgments can be discharged in a chapter 7 bankruptcy.
You need to review the original court order. Generally, judgments expire after a set number of years that can vary by state. In Massachusetts it is 20 years.You need to review the original court order. Generally, judgments expire after a set number of years that can vary by state. In Massachusetts it is 20 years.You need to review the original court order. Generally, judgments expire after a set number of years that can vary by state. In Massachusetts it is 20 years.You need to review the original court order. Generally, judgments expire after a set number of years that can vary by state. In Massachusetts it is 20 years.
No, if they were not joint debtor's with the deceased they are not responsible for any of his or her debts.
Civil judgments for solatium awards in Colorado generally expire after 20 years. This timeframe starts from the date the judgment was entered by the court. After this period, the judgment may no longer be enforceable unless it is renewed through a legal process.
Deceased or expired.
The debtor would need to pay the debt owed or make a settlement or payment with the creditor who is threatening or has initiated a lawsuit, Judgments cannot be "avoided" when they are in connection with a valid debt.
Bankruptcy. Bankruptcy will not remove a judgment from the debtor's credit report. The judgment will still remain for the required time if it is discharged in bankruptcy, settled or paid in full. Valid judgments remain for the required 7 years. Most judgments are renewable and can be reentered on the debtor's credit report whenever that action is taken.
A judgment is a debt that is legally owed by a debtor. It is a court ordered payment demand. An unpaid judgment is a judgment that has not been resolved.
The Court is not responsible for collecting judgments. The creditor is responsible for collecting on the judgment.