Oregon General Judgment of Foreclosure and Money Award

State:
Oregon
Control #:
OR-HJ-052-01
Format:
PDF
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A03 General Judgment of Foreclosure and Money Award
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FAQ

Renew the judgment 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.

In California, a judgment lien can be attached to the debtor's real estate -- meaning a house, condo, land, or similar kind of property interest -- or to the debtor's personal property -- things like jewelry, art, antiques, and other valuables. (In some states, judgment liens can be attached to personal property only.)

Finding out if a judgment has been renewed has been made easy by access to online court records in every state. Check the court records to find out if a judgment has been renewed. If your creditor has renewed the judgment he will do so at the court where the judgment was first issued.

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.

California state court money judgments automatically expire 10 years after they become final. After that date, the judgment is unenforceable.If these forms are timely filed and served, the judgment is renewed for another 10 years.

In order to get a judgment, the creditor must go to court. Either the original creditor or a collection agency may sue you to collect a debt. If this happens, you will be served with a summons and complaint. If you want to dispute the existence or the amount of the debt, you must file a timely response with the court.

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.

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.

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Oregon General Judgment of Foreclosure and Money Award