Consumer Protection Law
Consumer Protection Law Questions? Ask a Lawyer Now.
Hi - my name is XXXXX XXXXX I'm a Consumer Protection attorney here to assist you.
The Code section you referred to does not state a judgment can remain on one's credit report for only 3 years. It says that a creditor has only 3 years after an account is past-due to go to court to get a judgment.
Unfortunately, a judgment can remain on one's credit report for up to 20 years, unless it is satisfied (paid).
is there a Statutes of Limitations on how long a judgement can stay on someones record
Yes - the federal Fair Debt Reporting Act, which applies to all states, provides that a judgment can remain on one's credit report for up to 20 years.
That is, if it is not paid.
If it is paid, it has to come off once it is paid.
typo: it is the Fair Credit Reporting Act (not Fair Debt Reporting Act).
so alabama dont have any type of statutes of limitations
Not for credit reports - which are federally regulated.
ok im talking about on the state court level
Alabama, as well as all other states, only have Statutes of Limitation that apply to when a creditor can go to court.
So, yes, Alabama's court Statute of Limitation is 3 years for a creditor to go to court to get a judgment.
After 3 years, it is too late for a creditor to go to court to get a judgment.
But if the creditor has already gotten a judgment, the creditor has up to 20 years to try to collect the judgment.
ok but after they have the judgment it can will stay on untill its paid or 20yrs
ok thank for the info
And please have a pleasant evening!