In Georgia, a civil judgment typically lasts for 7 years but can be renewed for an additional 7 years. This means that the creditor has up to 14 years to enforce the judgment against the debtor's assets or income.
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.
The seven year rule usually applies to a credit report entry not the length of a judgment. In Illinois judgments are usually valid for 20 years with the addition of a new law they can now be revived (renewed) for another 7 after the expiration of the original one. However, the judgment creditor/holder must petition for the renewal before the 20 year time limit expires. This is one of several reasons why a judgment lien is so damaging to the judgment debtor. Another one being that judgment amounts accrue interest until they are paid.
It does come off; however, you may still be obligated to pay. If the plaintiff renewed the judgment, they can still pursue you for payment.
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.
Generally, yes. In most cases, civil judgments are valid for 10 years, and can even be renewed beyond that.
Eviction judgments are removed after the required 7 years have elapsed. In some instances, if the eviction resulted in a judgment and said judgment is renewable it can be reentered on the debtor's CR when renewed.
Negative credit information remains on a credit report for seven (7) years from the time it is reported. Chapter 7 bankruptcy remains for ten (10) years from the time of discharge or reportage to the credit bureaus. In some cases judgment liens they also expire after 7 years unless/until the lien holder renews the judgment. If a judgment is renewed, most can be, it can be reentered on the judgment debtor's CR and will remain until satisfied or the time once again expires. This is only one example of why judgment liens are so damaging for the judgment debtor.
Valid judgments remain on the debtor's credit report for seven (7)years. They cannot be expunged before that time. If the debtorpays or settlesa standing judgment it will be marked"satisfied" itwill, however, remainfor the required time limit. Most judgments are renewable. When a judgment is renewed it can be reentered on the judgment debtor's credit report. If that happens it will remain for another seven (7) years until paid. This is only one of several reasons why judgment/liens are extremely damaging for a judgment creditor.
tetanus
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
Depending on the state you live in, judgments can be renewed. If the person entitled to the judgment doesn't try to collect or renew, when the judgment expires, you should probably contact your court clerk to find out how to get it removed from all records.