judgment

[Guest]

please direct to nys law that a judgment must be renewed within 10 years.

 

[army judge]

Okay, here you go, guest:

In NY state a judgment doesn't expire until AFTER 20 years. That's when you must seek to renew it!



http://old.nysba.org/AM/Template.cf...mplate=/CM/ContentDisplay.cfm&ContentID=28036






http://www.jdbar.com/Articles/changing-orders.html







http://codes.lp.findlaw.com/nycode/CVP/50/5014








http://nysbar.com/blogs/RPLS/2009/06/renewal_judgments_1.html

 

[Proserpina]

Read this first:

New York Code, Civil Practice & Laws § 211 - Actions to be commenced within twenty years.
(a) On a bond. An action to recover principal or interest upon a written instrument evidencing an indebtedness of the state of New York or of any person, association or public or private corporation, originally sold by the issuer after publication of an advertisement for bids for the issue in a newspaper of general circulation and secured only by a pledge of the faith and credit of the issuer, regardless of whether a sinking fund is or may be established for its redemption, must be commenced within twenty years after the cause of action accrues. This subdivision does not apply to actions upon written instruments evidencing an indebtedness of any corporation, association or person under the jurisdiction of the public service commission, the commissioner of transportation, the interstate commerce commission, the federal communications commission, the civil aeronautics board, the federal power commission, or any other regulatory commission or board of a state or of the federal government. This subdivision applies to all causes of action, including those barred on April eighteenth, nineteen hundred fifty, by the provisions of the civil practice act then effective.

(b) On a money judgment. A money judgment is presumed to be paid and satisfied after the expiration of twenty years from the time when the party recovering it was first entitled to enforce it. This presumption is conclusive, except as against a person who within the twenty years acknowledges an indebtedness, or makes a payment, of all or part of the amount recovered by the judgment, or his heir or personal representative, or a person whom he otherwise represents. Such an acknowledgment must be in writing and signed by the person to be charged. Property acquired by an enforcement order or by levy upon an execution is a payment, unless the person to be charged shows that it did not include property claimed by him. If such an acknowledgment or payment is made, the judgment is conclusively presumed to be paid and satisfied as against any person after the expiration of twenty years after the last acknowledgment or payment made by him. The presumption created by this subdivision may be availed of under an allegation that the action was not commenced within the time limited.

And from an attorney website:

http://www.titleinsuranceny.com/pag...mational-articles-for-attorneys.aspx?pci=1127


That's really all I can give you without having further details.