Legal Question in Credit and Debt Law in Virginia
statue of limitations
How often does a judgment on a defaulted student loan (U S department of education) have to be renewed to stay valid? Also if the the defaulted student loan judgment was never renewed, what can I do?
Asked on 11/11/07, 11:24 am
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
Re: statue of limitations
It depends on the court where the judgment was rendered. If in VA, it's valid for 20 years, unless it's a General District Court judgment, in which case it's only 10 years.
Answered on 11/11/07, 11:32 am