Legal Question in Credit and Debt Law in Texas
Judgement notice
My husband and his ex wife have just recently been notified w/legal notice a judgement has been filed for a vehicle that was repossed in 1997. Is there a time limit for judgement and does he still owe the full amt due or the amt after the vehicle was sold by the bank?
1 Answer from Attorneys
Re: Judgement notice
First, a clarification of terms is necessary. Do you mean judgment has already been rendered by a judge? Or do you mean they have been served with papers indicating that suit has been filed against them? There is a very big difference. If they have just been served with a lawsuit, it sounds like there is a very good defense - the statute of limitation has run. (It is 4 years) Simply hire an attorney familiar with these matters. There may also be a claim they can assert for filing a suit outside the statute of limitations.
If a judgment has already been rendered, they have 30 days from the date the judgment was signed to file a motion to set aside the judgment.
In both cases, your relatives need to consult a consumer attorney to explore their options.
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