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    henry v's Avatar
    henry v Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Mar 27, 2008, 08:17 AM
    Statute of limitation
    If a debt is covered by the statute of limitations the debt still exists and the collection agency can not win judgement. The debt still is still onrecord for 7 years ? Can a lien be put on my house?

    Thanks in advance for any advise
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #2

    Mar 27, 2008, 08:28 AM
    Quote Originally Posted by henry v
    if a debt is covered by the statute of limitations the debt still exists and the collection agency can not win judgement. the debt still is still onrecord for 7 years ? can a lien be put on my house?

    thanks in advance for any advise

    If there is no Judgment there is no lien. The debt will remain on your credit record although you can protest it and request that it be removed if it is not your debt.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Mar 27, 2008, 08:39 AM
    If the SOL has expired then it means that the creditor cannot pursue a legal remedy. Filing a lien would be a legal remedy.
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