Legal Question in Credit and Debt Law in Minnesota
Judgements
My husband was disabled and I had a charge card for 5000.00 they put a Judgement on our home and it is accuring interest. How do you get this off? If I can not pay it does it come off in 7 years? thanks
Asked on 10/19/07, 10:47 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: Judgements
HOmesteads are EXEMPT from judgment. Judgments last 10 years and can be renewed. It is likely best that you have an attorney contact creditor to negotiate % payoff to remove and satisfy jugment. Otherwise, BKY might also be advisable.Call or email for further consultation.
Answered on 10/20/07, 7:08 am
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