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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.
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.
Settling a debt requires that you have some leverage.Once a judgment is issued and the creditor is able to receive payment through wage garnishment, you have little leverage for negotiating a settlement. At this point, the creditor has sufficiently proven the debt is valid and the court has ordered you to repay it.
Respond to the Creditor's Demand Letter. Seek State-Specific Remedies. Get Debt Counseling. Object to the Garnishment. Attend the Objection Hearing (and Negotiate if Necessary) Challenge the Underlying Judgment. Continue Negotiating.
If it's already started, you can try to challenge the judgment or negotiate with the creditor. But, they're in the driver's seat, and if they don't allow you to stop a garnishment by agreeing to make voluntary payments, you can't really force them to. You can, however, stop the garnishment by filing a bankruptcy case.
A Utah money judgment lasts for 8 years and then expires. You can renew a Utah money judgment for another 8 years, if the judgment creditor files a motion to renew within the original 8 year statute of limitations.
Once a judgment has been entered in California, it can be renewed indefinitely every 10 years. An enforceable judgment may be renewed for a period of 10 years so long as the renewal is filed before expiration of the judgment.
The statute of limitations for renewing a judgment is 8 years from the date of the judgment. Utah Code Section 78B-2-311. The judgment creditor can renew the judgment, but must do so before the statute of limitations expires.