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hoe long do lenders have to collect on a judgement in fla.

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11y ago

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How long do you have to appeal a judgment in Florida?

30 days from the date the judgment is entered


How long is a garnishment valid in Florida?

In Florida, a garnishment is valid for up to 20 years. This means that creditors can collect payment through wage garnishment or bank account levy for a period of 20 years after obtaining a judgment against a debtor.


If you are collecting Florida unemployment benefits and you move to Connecticut can you continue to collect Florida's unemployment benefits?

Yes, as long as you comply with Florida's regulations concerning the move.


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.


How long can a debt collector collect a debt from a judgment if you have moved to South Carolina?

Moving has no affect on a debt. The creditor or his agent the collector may collect against a judgment for ten years from the date of judgment or the date of last payment, which ever is later.


If creditor received a judgment and you make arrangements to pay the bill can the creditor still repo your car?

"debtors" can never repo cars, LENDERS can, even after you make 'arrangements". As long as you are in "default", they can repo.


Is there a statute of limitations on how much time they have to collect after a repossession?

The SOL starts when the Lender gets a JUDGEMENT for the balance due.IF the judgment is sold correctly, it can stretch for a long time.


How long does a judgment stay on your credit report in the state of Florida?

Most such entries remain on a CR for seven years. If the judgment is renewable it can be replaced upon the CR when/if that occurs in which case the seven year time requirement will begin again.


What is the primary emphasis of long-term lenders?

Long term lenders exist to make money. They want their customers to remain with them so that they can earn more interest.


How long can a collection agency have an account for?

There is no time limit. They may "have" the account forever, but they may only collect on it for seven years from the date of last payment or ten years in the event of a judgment.


How long can they keep trying to collect on a repossession?

Peggy, the lender got a judgment against you for the Unpaid Balance after selling the car. That judgment becomes a sellable item. Agencys and attorneys and LARGE companys BUY the judgments before SOL runs out and tries to collect.However, some agencys try to collect even when its no longer possible. Verify that they are legit before you make any payment arrangemnets with them.


What is the statute on medical debt collections in Florida?

In Florida that would be a fairly long 5 years. Medical debts are normally documented in writing. That gives them a fairly long period of time in which to collect. And it will be measured from the last acknowledgment of the debt, payment or letter from the person who owes.