EEEEK! Bank FROZEN! 1991 judgement!

Discussion in 'Credit Talk' started by tina67, Oct 1, 2002.

  1. tina67

    tina67 Well-Known Member

    I had a judgement from 1991 and now they put a restriction on my bank for 2 times the amount! Their attorney said the judgement is good for 20 years but I live in NY and I thought it was for only 10 years! Please help!
     
  2. sal826

    sal826 Well-Known Member

    Tina,

    Please explain your situation In more detail so someone here can advise you on your best option in this situation.

    Honestly I cannot think of a any judgement that is good for 10 years unless we are talking about the IRS.


    ANYONE ELSE???


    -Sal
     
  3. whyspers

    whyspers Well-Known Member

    It is my understanding that a judgment in New York is good for five years, but if you re-file it every five years, it is good for as long as you keep re-filing. I was asking one of my bosses about this in passing as my hubby has a small claims judgment against someone that we have never done anything with and it expires next year (five years) if we don't do something soon. I may be wrong as the details of our discussion are a bit fuzzy...but that's what I got from the conversation.


    L
     
  4. whyspers

    whyspers Well-Known Member

    Sorry, but can't edit. I was wrong. I just did a google search and New York judgments do expire in 20 years, but are renewable if you do so prior to the date they expire.

    L
     
  5. tina67

    tina67 Well-Known Member

    I was served in 1991 when I was in college. apparently the collection agency is an attorney and they somehow found out my bank account and filed for a restriction on September 26,2202. A full 11 years after the judgement was filed. They said the judgement was good for 20 years. I do not know what else to say except the facts
     
  6. cable666

    cable666 Well-Known Member

    I can't speak for NY state law, but in most states judgements can be renewed. In California, a judgement can be renewed over and over for almost 40 years.

    That is why judgements are very bad things and should be taken seriously.
     

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