What can be done about an 11 year old judgment?

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What can be done about an 11 year old judgment?

My fiancé was sent a set of papers from a court to appear in court concerning a $4000 judgement from 07/01 obtained by an insurance company. He said nothing happened then to his knowledge. What should we do?

Asked on April 6, 2011 under Bankruptcy Law, Indiana

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 10 years ago | Contributor

Unfortunately, Indiana has one of the longest statutes of limitations--which is the time period to bring a legal action to enforce or seek payment--a judgement in the nation. The state gives creditors who previously sued and obtained a judgment up to 20 years to enforce it. That means that a creditor who won a judgment can wait up to two decades before seeking its money. That in turn means that a judgment creditor doesn't have to do anything after winning its judgment; the law allows it to wait, such as waiting until a judgment debtor is in better financial shape (has more income and/or more assets) and it's actually worthwhile to go after him or her for the money owed.


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