how long can a debt be enforced in ny
You may be surprised to learn that money judgments in New York are enforceable for a period of twenty (20) years. That judgment can be enforced against any property you have that can be assigned or transferred (such as money, bank accounts and real property). The judgment also stays on your credit report for up to 10 years, which is three (3) years longer than other debts. And donât be fooled â although a judgment may come off your credit report after ten (10) years, the judgment still exists and can be enforced within the twenty (20) year time period.