Q: In California, does a Judgement continue to accrue interest after the 10 years time limitation?
In this case, 10 years have passed, there is no renewal, no attempt to collect or attempt to pay by any party. Does the interest continue beyond the 10-year time a judgement is valid? Is it possible to negotiate a settlement agreement to pay the original amount owed without the interest added and have the Judgement removed from record? The judgement was Stipulated and is from a unlawful detainer civil case.
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A:
There is a possibility that a judgment creditor will negotiate a settlement for less than the debt amount owed; however, this is never guaranteed. A settlement agreement largely depends upon your circumstances (i.e., negotiation, the creditor, the debt amount, collection history, etc.).
Please be sure to speak to a licensed California attorney regarding your matter.
A: If the statute of limitations is 10 years in CA and has expired after not being renewed, the judgment itself should also be void. Consult a licensed CA attorney who regularly handles collections to help you.
Harlene Miller agrees with this answer
A: If the judgment has not been timely renewed, it is no longer valid and you owe nothing. I would not offer or pay anything on it.
Peter Maurice Lively agrees with this answer
A: If the judgment is not renewed prior to expiration, it may not be enforced.
A: You should sit down with an attorney who handles collection matters and confirm what your obligation, if any, survives the 10 years if they do not re-new. You have a lot of good answers below but more information may be needed to be 100% sure.
A: The responses from my colleagues have covered all the issues. Urge you to contact an attorney for a more detail discussion and analysis of your issues.
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