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Renew the judgment Money judgments automatically expire (run out) after 10 years. To prevent this from happening, the creditor must file a request for renewal of the judgment with the court BEFORE the 10 years run out.
An order is a direction by the court or judge entered into the record for a variety of matters. Whereas a Judgment is the written final determination/outcome of the lawsuit. For example, an order may be entered in a dog bite lawsuit to exclude evidence from being presented to the jury.
A civil judgment is a ruling against a defendant in a court of law. It refers to a non-criminal legal matter and often requires the defendant to pay damages. Damages are generally money amounts.
You may be surprised to learn that money judgments in New York are enforceable for a period of twenty (20) years. That judgment can be enforced against any property you have that can be assigned or transferred (such as money, bank accounts and real property).
The statute of limitations in New York is six years for any type of debt. The six-year time period is counted from when a debt repayment became due or when the debtor made the most recent payment, whichever is more recent.
A judgment is good for 20 years, but if the plaintiff wants to enforce the judgment against land it is only good for 10 years unless the plaintiff renews it for another 10 years.
New York State judgments are valid for 20 years. A judgment can act as a lien on real property for ten years which may be extended for an additional term if you to take affirmative action.