Concord, NC asked in Consumer Law, Admiralty / Maritime and Constitutional Law for North Carolina

Q: In N.C. , I have a judgement entered against me for a renewal for unpaid personal loan from 1995,

original judgement was 6-04-01, first renewal was 09-23-11, was just curious is that outside the statute of 10 years to get renewal, and latest paper work only shows date of sept 2011 no mention of previous date, amount of loan was approx $3000

2 Lawyer Answers

A: If the second lawsuit to collect on the unpaid judgment was filed on or before June 4, 2011 (10 years from the date the first judgment was signed), it does not matter that the second judgment was not entered until July 23, 2011. By the way, they can only renew once. The second judgment entered September 23, 2011 has expired and is no longer enforceable.

A: This loan does not appear to be in connection with a vessel, but the question is posted under Admiralty/Maritime as a category. If there is a connection to a vessel and the loan involves a vessel mortgage, that could raise the additional element of a lien against the vessel. Good luck

Tim Akpinar

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