Legal Question in Credit and Debt Law in California
law suit
if you are sued and they get a judgment and record it how long is it good for and how hard is it for them to collect THANKS GARY
Asked on 6/16/07, 11:53 am
3 Answers from Attorneys
Joel Selik
www.SelikLaw.com
Re: law suit
10 years but it can be renewed over and over. Your personal financial situation determines how easy it is to collect, as well as the persistence of the collector.
Answered on 6/16/07, 11:57 am
Jonathan Stein
Law Offices of Jonathan G. Stein
Re: law suit
The judgment is good for 10 years. It can be renewed, however.
How hard is it to collect? If you work or have assets, not that hard.
Answered on 6/16/07, 12:20 pm
Larry Rothman
Larry Rothman & Associates
Re: law suit
A judgment is good for ten years and can be renewed for another ten years. I suggest you hire an attorney to try to negotiate a settlement for you.
Answered on 6/18/07, 10:55 am