answersLogoWhite

0

After 5 years it goes dormant then they have 10 years to renew it but cant get additional interest between dormancy and renewing.

User Avatar

Wiki User

8y ago

What else can I help you with?

Related Questions

Do judgment liens expire in Ohio?

In Ohio, judgment liens do not have a specific expiration date; however, they can be renewed. A judgment itself is valid for 7 years, and a creditor can file for a renewal before the expiration of that period to extend the lien for an additional 5 years. If the creditor does not renew the judgment, the lien may become unenforceable after the original judgment period ends.


In Ohio How long can you collect on a civil judgment?

In Ohio, the general time limit to collect on a civil judgment is 21 years. This period begins from the date the judgment is entered. However, the judgment can be renewed before it expires, allowing for potential collection beyond the initial period. It’s advisable to keep track of deadlines and consider legal assistance for the renewal process.


Is a Domestic Judgment renewable in Mississippi?

No, a domestic judgment is not renewable in Mississippi. Once a judgment has been entered, it is enforceable for a period of 7 years. If the judgment is not satisfied within that time, the creditor may seek a writ of execution to collect on the judgment.


How long does a restraining notice last for in New York?

It expires after one year. It can be renewed every year until the judgment expires. In New York, a judgment can be renewed twice (a total of 20 years).


How do you know if a judgment was renewed after the SOL has expired?

To determine if a judgment was renewed after the statute of limitations (SOL) has expired, you can check court records or online databases for any filings related to the judgment. Typically, a judgment must be formally renewed through a court process, which should be documented. Additionally, you might be able to find information about the renewal by contacting the court clerk's office or reviewing the docket associated with the case. If there's no record of renewal, the judgment is likely no longer enforceable.


How long does a judgment stay active in sc?

In South Carolina, a judgment is valid for 10 years and can be renewed for an additional 10 years. After 20 years, the judgment will no longer be enforceable.


Can a civil judgment from 14 years ago be refiled and reentered on a credit report in Florida?

Yes, if the judgment was renewed before the expiration date.


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.


Is Ohio a deficiency judgment state?

Yes, it is.


What happens if you had a judgment against you in Ohio?

You pay it.


Will a judgment stay on after 10 years if you never paid and if not does it come off automatically?

The majority of judgments can be renewed, indefinitely. Some, such as liens on real property are good for twenty years and can also be renewed. The type of judgment and the state laws need to be taken into consideration.


Can a judgment be renewed after it expires in California?

No. A judgment must be renewed within 10 years under California Code of Civil Procedure, section 337.5 or it becomes unenforceable. However, if a defendant failed to timely raise this statute of limitations in defense, it could be waived.