answersLogoWhite

0

What else can I help you with?

Related Questions

How do you know if a judgment has been renewed by the creditor prior to the SOL expiring?

Define "renewed." Once a judgment of the court has been delivered (unless it is peculiarly time-sensitive) it doesn't need renewal , nor does it expire unless a motion is presented to the court to alter or vacate the original judgment.


Will an unenforced judgment show up when trying to buy a home?

A judgment granted by a court will appear on a credit report whether it has been excecuted or not. A few judgments have SOL's many can be renewed indefinitely.


How long from service of judgment before a debt can be collected?

In most states it is 10 years and can be renewed for another 10.You need to check the SOL in your state.


If a small payment is made after SOL expired does this reset the clock in Texas State?

i know that how


If a 20 yr judgment is not satisfied and soon to be expired then some money is paid by debtor as acknowledgement of money owed does this extend the judgment from day of receipt of that payment?

Yes, it does extend the running of the SOL on the debt.


Can a debt collector still try to collect if the original debt has been deleted?

Yes they can, just because the debt isn't reporting doesn't mean they won't stop their collection efforts. Send them a C&D letter, that way they can't communicate with you regarding the debt.


If you have a judgment and after 7 years it's off your credit does that mean that the creditor can't put a lien on any of your property?

I don't know if the laws are the same everywhere, but we had to get a judgment against someone and had a lien placed on his house. We were told that if we went back to court before the 7 years were up we could get another judgment against him and keep the lien in place. He's had a lien on his home for over 10 years now -- and until he pays his debt or the law changes we'll keep going back to court. Of course, he owes us a LOT of money. A judgment has to be renewed by the plaintiff at set intervals, determined by law. You can find the SOL relative to judgments for your state, and if the statute has expired, contact the court to see if the judgment has been renewed by the plaintiff. If not, they can't collect.


Once statute of limitations has been met for credit card debt in Texas what can the collectors do to collect the debt?

If the SOL has expired there is nothing a creditor can do unless a lawsuit was filed before the SOL expired, which happens quite often. Simply because the SOL has expired does not mean the debtor will not be sued at some later date, most courts have a backlog of cases and the average time for a lawsuit to reach court is fifteen months from filing, usually longer. Even if the SOL has expired a creditor/collector may still attempt a lawsuit, it is up to the defendant/debtor to present the SOL defense, the court will not accept it as being an automatic dismissal of the case.


What can I do if I am being sued for a past SOL debt?

Collectors may sue you if they are contending that the Statue of Limitations has not passed, although it is technically against the law for them to do so. If you are able to prove that the Statue of Limitations has expired, the case will most likely be dismissed.


How do you remove a judgment from your credit report that is not valid?

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


How long does a judgment discharged in bankruptcy stay on credit report?

The state of residence is not applicable when it relates to credit reports. A judgment will remain on the CR for seven years, but judgments are renewable and therefore if it is renewed it can be reentered on the judgment debtor's CR


How long can a judgment last on your credit report in ny?

10 years is the sol in N.Y.