Legal Question in Real Estate Law in Florida
Collection of judgement
I had a Final Judgement filed against me in 1991 - it was renewed in 1998 - and has not been renewed since that date - is it still collectable or has the statute of limitatations expired - i received a subpeona last week and they are threatening to take my car and sell it - should i have the title transfered to my daughters name - it is paid for.
2 Answers from Attorneys
Re: Collection of judgement
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A judgement recorded in 1998 is good for 10 years. Accordingly, it is still a valid judgment.
If you transfer the title to your car without valid consideration, it may be considered fraud and the transfer set aside by the Court. I would strongly suggest that you retain an attorney who can advise you of your legal rights and obligations. Perhaps a reasonable settlement can be reached.
Scott R. Jay, Esq.
Re: Collection of judgement
The judgment lien is valid for 10 years, and can be renewed. The judgment is enforceable for 20 years.
Transfer made without adequate consideration may be set aside as being fraudulent to creditors. Consult with counsel.
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