Legal Question in Credit and Debt Law in Texas

summary judgment

I have a summary judgment filed in 1997. The creditor has sold the debt to another company. Does the judgement follow the new co. and can they renew the judgment?


Asked on 5/18/07, 7:26 pm

1 Answer from Attorneys
James Grissom Law Office of James P. Grissom

Re: summary judgment

A judgment is a property commodity just like anything else. The owner of the judgment can renew it for another 10 years.

Read more
Answered on 5/18/07, 10:27 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Texas