In New York, what is the Statute of Limitation on a judgement.

Question

I received an Informational Subpoena stating there was a judgement against me in 1989 for a credit card debt. I know nothing about it and was never contacted. I have a FICO of 750 unblemished. Did the statute of limitation run out and what should I do?

Answer 1

rfreeroam, I found a huge online list of New York local credit card resources. http://www.howtofindcreditcard.com/New-Y... Try calling a local service and they most likely answer your questions.

Answer 2

maxmom's right. 10 years, and can be renewed for another 10 years.

The statute of limitations applies to the time they have to file suit. So they may have 6 years to file suit against you. If you're saying they already have the judgment against you, then yes it's ten years.

Answer 3

It has most probably run out. Credit Card is unsecured debt and since this is 1989, they cant collect any money on it. Just go to the hearing and tell them SOL is past due a long time. Dont acknowledge the debt as yours. You will have to show up in court however or they will win by default. In NY I believe it is 6 years. Once a judgment is issued, it can be reset for a very long time. Are they saying they have a court judgment against you since 1989?

Answer 4

7 years

Answer 5

In NY, a judgment is valid for 10 years and can be renewed for another 10 years.  You may want to contact a lawyer at this point since it looks like the creditor is trying to collect on the judgment.