How long a Judgement is Valid for
September 4th, 2005 by Questions
If I am out of Canada and got sued by credit card companies, what happens if I can’t appear in the court because I am not in Canada. How long a court judgement will be valid for for wage garnishment etc.
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September 06, 2005 at 4:48 pm, Barton Goth, GCO Inc. Bankruptcy Trustees said:
If the court awards a judgement to the creditor, this judgement is enforceable for 10 years and it can be renewed if not satisfied in full and interest is calculated from the
date of the judgement on. While a judgement issued in an Alberta court can only be enforced in Alberta, a creditor may transfer the judgement to other provinces. So even if you move to another province, a creditor could pursue you to collect a judgement debt. Furthermore, a judgement appears on your credit record. Even after you pay the debt, the judgement record will remain on your credit record for a maximum of 6 years.