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Re: Judgments and Bankruptcy

Posted by Phrank on October 25, 2003 at 2:32 PM

In Reply to: Re: Judgments and Bankruptcy posted by Ward-CA- on October 25, 2003 at 12:12 AM

: : Plaintiff LH is awarded a judgment against MS in California small claims court. No abstract has been recorded. MS files BK CH7 two months later. LH is listed on the BK creditor matrix. Years later MS is listed as the owner of real estate in the area.
: : Has bankruptcy eliminated the possibility of recovery of the judgment?
: -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-

: Phrank,

: In CA judgments are good for 10 years. They can be renewed innumerable times, if done so prior to going stale.

: If the bankruptcy hasn't eliminated the possibility of recovery, the fact that the original judgment was extinguished by the passage of time sure has.

: Hope this helps.

-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
The 10 years has no elapsed. Has the the bankruptcy eliminated the possibility of recovery?



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