Legal Question in Credit and Debt Law in Florida
Judgements
How long does a judgement from a bank for a car loan stay on record.I was a co-signer and the bank went after me but I do not have the money to pay them off. Our house is in my wifes name can they put a lien on it. The judgement is about 5 years old. thankyou
Asked on 4/24/01, 7:13 pm
1 Answer from Attorneys
Anthony Comparetto
Comparetto Law Firm
Re: Judgements
Judgements are good for 20 years.
Stay as lien on property for 7 years and can be renewed for additional term.
Lien on house is only against you not wife.
Answered on 6/22/01, 11:26 am