4 years is statute of limitations in CA REFERENCE Debt Cures by Kevin Trudeau. DON'T admit to your old debt or it can start all over.
what is the stature of limitations in Pennsy;vania on civil court judgments
10 yrs
7 years
in lforida, judgments are limited and they doesnt affect our private live
5 years
It would depend on many factors. Most of the time it is not insurance that pays out on Judgments, the person losing the suit pays, or the corporation that lost.
There are not specific SOL's that apply to judgments in any US state. Judgments are granted for a specified amount of time usually from 5-20 years, with the majority of judgments being renewable. They become invalid if the judgment creditor fails to renew or the court denies the motion for renewal. Judgments are extremely damaging to a credit rating and continue to accumulate interest until they are paid or settled
The statute of limitations to sue for a judgment will vary by state and the type of claim. For example, California has a 4-year statute of limitation for breach of written contract and judgments in California last for 10 years and are renewable. A judgment will stay on your credit so long as it is valid.
When transferring title from one owner to another, all liens or judgments should be cleared prior to transfer or you will not be able to insure properly
Depending on your state's Statute of Limitations, it may be on your credit report for at least 7 years.
Judgments generally remain on a CR for seven years. In some cases a judgment can be renewed and therefore it is possible for it to remain an indefinite period of time.
Yes, a civil judgment is good for 10 years from the date of the judgement. Once that 10 years is up they can renew the judgment again for another 10 years... After that 10 years its a dead judgment.