Legal Question in Credit and Debt Law in New York

Judgements

I have a judgment against me that dates from 1992 in N.Y. The statute of limitations is 10 years. How do I go about gettinf this judgment removed?


Asked on 12/24/08, 10:06 am

1 Answer from Attorneys
jeffrey lazroe Jeffrey A. Lazroe attorney at law

Re: Judgements

A judgment against you is good for 10 years as a lien on real property, but it is collectable up to 20 years - even against real property. Although you are in north carolina, the judgment creditor can hire a lawyer to file the judgment in north carolina and to pursue you there.

Since the debt is over 16 years, you could either wait out the other 4 years, or you can compromise it for pennies on the dollar since it is so old.

if you have any questions, please feel free to contact me.

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Answered on 12/28/08, 3:54 pm


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