Friday, 3 April 2015

After a judgment has been granted to a debt collection company, how long do they have to collect on a debt of about $8,000.00?

Question

After a judgment has been granted to a debt collection company, how long do they have to collect on a debt of about $8,000.00?



Answer

They have 10 years from the date the judgment is entered. They then can renew the judgment for another ten years. Call me at 415-441-1052 as I may be able to help you negotiate a payment plan that will prevent garnishment or bank levies from taking place. Call me for help. I look forward to hearing from you.



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