Can they renew a judgement?

Oct 21, 2010

renewed judgment on old debt
by: Gerri

There have been many news stories about consumers who were not properly served in debt collection lawsuits. If you were not properly served, it is possible the judgment against you could be vacated. However, this is not an easy process and it's something where we definitely recommend you talk with an attorney.

Find out how to get FREE or low cost legal advice about debt collection from a consumer law attorney here.

The statute of limitations for judgments is typically much longer than that for general consumer debts. And in most states, a judgment can be renewed, which essentially means it can last indefinitely.

If it turns out the judgment cannot be vacated, then you are going to have to find a way to deal with this debt. If you can't pay it off, you may want to consider trying to settle it for less than the full balance, or you may need to talk with a bankruptcy attorney if you simply can't afford to pay it.

If you can't pay it, please do consult with an attorney sooner rather than later. Creditors have many more options available for collecting judgments than they do for collecting unsecured consumer debts. I wouldn't want to see you caught by surprise if the creditor went after your bank account, for example. Find out what your rights are see you can find a way to deal with this debt.

Can they renew a judgement?

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Can they renew a judgement?