Credit Card Judgments: For How Long Is A Credit Card Judgment Valid? | Summary and Q&A

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July 5, 2022
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Consumer Warrior
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Credit Card Judgments: For How Long Is A Credit Card Judgment Valid?

TL;DR

Civil judgments can be valid and enforceable for up to 10 years in the state of Arizona, and can be renewed for another 10 years after that.

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Key Insights

  • 🥺 Civil judgments can pose long-term consequences and should not be ignored, as they can remain valid and enforceable for a significant period of time, potentially leading to an increase in the amount owed due to interest.
  • ⌛ The statute of limitations determines the time frame for filing a lawsuit, while the validity of a judgment determines its enforceability once obtained.
  • 👮 Different states have different laws regarding the validity and enforceability of civil judgments, so it's important to consult an attorney or conduct proper research based on the specific state's laws.
  • 🧑‍🤝‍🧑 In Arizona, civil judgments are valid for 10 years by default, but the date of entry and any renewals can affect the validity period.

Transcript

hey everybody john skiba here and in this video i'm going to talk about how long a civil judgment is valid for how long you have to worry about it but if this is your first time here to the consumer warrior youtube channel please go ahead click subscribe check on that little bell that way you'll be notified each and every week when i put out new vi... Read More

Questions & Answers

Q: What is the difference between the statute of limitations and the validity of a civil judgment?

The statute of limitations governs the time period before a lawsuit is filed, while the validity of a civil judgment determines its enforceability once it has been obtained.

Q: How long are civil judgments valid in the state of Arizona?

In Arizona, civil judgments are generally valid for 10 years. They can also be renewed every 10 years after that.

Q: Can a creditor renew a civil judgment indefinitely in Arizona?

Yes, a creditor in Arizona can renew a civil judgment every 10 years for the rest of your life if they continue to do so.

Q: How does the law regarding civil judgments in Arizona change after August 3, 2013?

Judgments entered on or after August 3, 2013, in Arizona are typically valid for 10 years. However, judgments entered before that date may have different validity periods based on the date of entry and renewal.

Q: What should you do if you have an old judgment against you in Arizona?

If you have an old judgment in Arizona, you should examine whether the judgment has been renewed. If it was entered before August 2, 2013, and not renewed by that date, it may no longer be valid.

Summary & Key Takeaways

  • Civil judgments, such as those related to credit card debt or medical bills, can be a significant concern for individuals facing serious debt problems.

  • The statute of limitations governs the time period before a lawsuit is filed, while the validity of a judgment addresses the enforceability of the judgment once it has been obtained.

  • In Arizona, civil judgments are generally valid for 10 years and can be renewed every 10 years thereafter, potentially remaining enforceable indefinitely.

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