Are Judgments Final?
In court, judgments seem final. After the court rules in your favor you might feel a sense of relief as you now have legal documentation for your judgment. However, this is not the end, and judgments are not the end all be all when it comes to collecting an owed debt. The courts leave enforcement of their judgments to the creditor who wins the judgment. If you do not enforce your judgment, your debtor will continue to evade their responsibility. The onus is on you to pursue and get what you are owed through any legal means necessary.
How long does a Judgment last?
Judgments last until the end of the statute of limitations and this differs from state to state. You can see what the judgment expiration times are in your state by viewing our statute of limitations chart. The best way to handle a judgment is to enforce it as soon as possible. If you are dealing with a deadbeat debtor you will know pretty quickly if things are going to go smoothly or if you will have to pull out all the stops in order to get what you are owed. Things never go as smoothly as envisioned and judgment extensions are available because of this. Debtors will avoid paying what they owe and will try to stretch it out past the statute of limitations.
Can I have a Judgment extended?
Yes, your judgement may be extended by the courts. Depending upon the state, a judgment may be extended indefinitely as long as you continue to extend the judgment within the required timeframe. Debtors are notorious for avoiding their responsibilities as long as possible. If you have been having trouble enforcing and collecting your judgment, a judgment extension is most likely needed to ensure you get what you are owed. Debtors can be worn down even if they have attempted to evade their debts past the statute of limitations.
What happens if my Judgment runs over the statute of limitations?
If your judgment runs over the statute of limitations, your judgment may lose its ability to be enforced. However, in many states, a judgment that has lapsed past the statute of limitations can be revived and made enforceable again. Check the link above to see if your judgment was made in a state that allows for lapsed judgment revivals or not. If you have any concern about your specific judgment running over the statute of limitations, it is best to contact your legal representation to be absolutely sure about dates. In some states, the statute of limitations begins when the judgment is rendered. While in other states, the statute of limitations begins when the first attempt at enforcing said judgment takes place.
Can I get a new Judgment made against a debtor?
In most cases, you will not need a new judgment made against a debtor if your judgment has lapsed. Courts recognize that debtors are known to avoid debts even after a judgment has been made, and because of this, the courts allow creditors to apply for extensions on their judgments.
Judgments may seem final because the statute of limitations is a lengthy amount of time, but if your judgment goes past the statute of limitations and lapses, there is a high probability that your judgment will become useless and unenforceable. Do not take a judgment as the end all be all when it comes to owed debts. It is up to you to enforce and collect on your court ordered judgment. Once you have the power of the courts on your side, use every legal process available to get what you are owed.