Legal Question in Credit and Debt Law in California
to my suprise..in 8-08 had a judgement against me for a credit card debt.nothing was done after judgment then in 5-13 my bank account was levied and i notice they did a 'Assignment of Judgment filed' on the same case as the one in 2008. can they really open it up like that? didnt do anything for 5 years now all sudden this
Asked on 9/02/13, 2:03 am
1 Answer from Attorneys
Carl Starrett
Law Offices of Carl H. Starrett II
Judgments are good for 10 years in California and can be renewed. A judgment credit has complete discretion on how they go about enforcing the judgment and can collect 10% interest.
Answered on 9/14/13, 6:54 am