Los Angeles, CA asked in Bankruptcy, Consumer Law and Collections for New York

Q: Do Money judgments in New York need to be renewed for a second 10 year term, or the judgment automatically lasts 20?

I see it says 20, but I have been coming across forums that say that it must be renewed in 10 to last another 10.

2 Lawyer Answers
Karra Kingston
Karra Kingston
Answered
  • Bankruptcy Lawyer
  • Staten Island

A: It lasts for ten years but they have the right to renew the judgment so it lasts for 20 years

Michael David Siegel
Michael David Siegel
Answered
  • Bankruptcy Lawyer
  • New York, NY
  • Licensed in New York

A: It must be renewed in 10 to be a lien on real estate. The judgment lasts for 20 years.

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