Legal Question in Credit and Debt Law in North Carolina
judgement collections limitations
What is the statute of limitatons for collecting on a judgement? It has already come off my credit report.
Asked on 12/31/05, 2:28 pm
1 Answer from Attorneys
Lynn Coleman
Attorney-Mediator
Re: judgement collections limitations
A judgment is collectible for 10 years after it is recorded. The creditor has the ability to record it again and get another ten years, and so on. There is really "no" statute of limitations on collecting a judgment, so long as it has been properly recorded 10 years or less from the date of the collection.
Answered on 12/31/05, 8:11 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
