Legal Question in Credit and Debt Law in Oklahoma
20 year old money judgement
is there a statute of limitations on collecting a money judgement against and individual?
Asked on 12/13/06, 12:16 pm
1 Answer from Attorneys
Steve Chlouber
Fuller, Chlouber & Frizzell, L.L.P.
Re: 20 year old money judgement
In Oklahoma, a judgment becomes dormant and unenforceable after five years unless renewed or extended by certain actions. If renewed or extended properly, the judgment can last forever. You should probably hire an attorney to review your situation.
Answered on 12/13/06, 12:33 pm