Legal Question in Credit and Debt Law in California

A judgment was entered against me in the amount of more than $50, 000 for a default on a $1500 guaranteed student loan from the mid 70's since it was claimed that New York did not know I was enrolled full time in California, Needless to say I do not receive Federal or State tax refunds and my paycheck has been garnished for years. I am now in my early sixties. What if anything can be done?


Asked on 12/27/09, 11:29 pm

1 Answer from Attorneys
Melvin C. Belli The Belli Law Firm

Generally student loans are the most difficult to deal with and they are usually not dischargeable in bankruptcy. However there are some limitations on how long a judgment is good for and it would seem that if this judgment is over 30 years old it may not be effective any longer.

Good luck and hope this helps

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Answered on 1/03/10, 1:11 am


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