Ask Experts Questions for FREE Help !
Ask
    liddabitt45's Avatar
    liddabitt45 Posts: 1, Reputation: 1
    New Member
     
    #1

    May 19, 2012, 12:24 PM
    How long can a creditor collect if they have a judgement
    If the Judgement was gotten in June 2005 nothing has been paid on this so now they are bringing us back to court July 2012 has the statue of limitations run out in Ms ? The loan was an auto loan. Repo was in 2002
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
    Uber Member
     
    #2

    May 19, 2012, 01:27 PM
    Quote Originally Posted by liddabitt45 View Post
    If the Judgement was gotten in June 2005 nothing has been paid on this so now they are bringing us back to court July 2012 has the statue of limitations run out in Ms ? The loan was an auto loan. Repo was in 2002
    Until the day you die... then they can collect against your estate... they just renew the judgement from time to time... there is no statute of limitations to collect on the debt once they win a judgement.

    Just pay the people and save yourself the aggravation.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Can a creditor collect on a debt that is over 2 years old? [ 3 Answers ]

My hospital bill is almost two years old. Can the collection agency still pursue payments from me? Thanks

Can a law firm collect on a judgement if I am already paying on another judgement [ 1 Answers ]

I have a judgement with Citibank that I am curently making payments on. Capital One just obtained a judgement against me. I have a wage hearing with the judge in a few weeks. Can Capital one collect on this judgement since I am already paying on one already?

What property can be seized regarding judgement by creditor? [ 3 Answers ]

Judgement was granted back in 1990 for a bank loan which I defaulted on. Bank has renewed judgement every 10 years. Was recently served by sheriff's deputy was renewal notice. Deputy expected me to write a check to cover the debt owed. Stated I should contact creditors attorney and set up some type...

After getting judgment in court,how visa creditor try to collect when one is unemploy [ 1 Answers ]

After getting judgment in court,how visa creditor try to collect when one in unemployed and nothing there to be collected?Can creditor freeze the savings account?What are the procedures for them to follow and for how long?Is the bankruptcy the only option?

For how long can a creditor collect on a judgement? [ 4 Answers ]

Let's suppose a creditor (open account) obtains a judgement before the SOL runs. Is there any limit to how many years the creditor may attempt to collect on the judgement? Also, with the judgement in hand, can the creditor place a lien on an inheritance? Thank you.


View more questions Search