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Formally recording the result of a lawsuit that is based upon the determination by the court of the facts and applicable law, and that makes the result effective for purposes of bringing an action to enforce it or to commence an appeal.
In most cases, judgments can stay on your credit reports for up to seven years. This means that the judgment will continue to have a negative effect on your credit score for a period of seven years. In some states, judgments can stay on as long as ten years, or indefinitely if they remain unpaid.
In short, the judgment is the final divorce document which outlines the resolution of all legal issues in the case (disputed and agreed-upon). It is vital to consult with an experienced family law attorney before signing any judgment paperwork or filing your judgment with the court.
Judgments and Enforcement: A judgment rendered by the court of the State of Oregon is enforceable for a period of ten (10) years. (ORS 12.070.) Such enforcement period may be extended if action is taken to renew the judgment prior to the expiration of the ten (10) years.
Money judgments automatically expire (run out) after 10 years.If the judgment is not renewed, it will not be enforceable any longer and you will not have to pay any remaining amount of the debt. Once a judgment has been renewed, it cannot be renewed again until 5 years later.
How long does a judgment lien last in Oregon? A judgment lien in Oregon will remain attached to the debtor's property (even if the property changes hands) for ten years.
Oregon judgments expire after 10 years from the date of entry by a court, unless a creditor (i.e., you or your attorney) files a certificate within that 10 year time period to have enforcement of the judgment extended for another 10 years.
A Notice of Entry of Judgment is a document stating that an entry of judgment in a divorce in California is the final judgment signed by the judge.The entry of judgment by the court in your divorce case tells you that your divorce is final.