Judgement Lien

[Anonymous]

Could someone explain this. If a person has a Judgement Lien on their record and it shows it will expire on 3/14/2008, does this mean -

1) It will be dropped from your credit report?

2) Can they attempt to collect after the expiration date?

Thanks, Bill

[Anonymous]

Can't answer #1, but I can tell you that judgments can be renewed... Unfortunately.

[Anonymous]

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BillsLemonade wrote:

Could someone explain this. If a person has a Judgement Lien on their record and it shows it will expire on 3/14/2008, does this mean -

1) It will be dropped from your credit report?

2) Can they attempt to collect after the expiration date?

Thanks, Bill

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A lot of this depends upon which state you live in, but generally....

1) Yes, unless renewed

2)  Yes

Message Edited by tpgusmc on 03-06-2008 03:09 PM