Renew Your Judgment
Money judgments automatically expire after 10 years. Once a judgment expires, it is no longer enforceable and the judgment creditor is not able to collect any unpaid judgment amounts. To prevent this from happening, the judgment creditor must renew the judgment before the 10 years run out. The judgment may be renewed for another 10 years, allowing the judgment creditor to continue collection efforts. Be sure to keep track of this date, because once the judgment expires, if cannot be renewed.
Once a judgment has been renewed, it cannot be renewed again until 5 years later. Although the judgment is renewed for a period of 10 years, some judgment creditors prefer to renew more frequently. When a judgment is renewed, any interest accrued up to that point is added to the principle amount owed. The judgment creditor is entitled to interest on the principle (which now includes the accrued interest), which compounds the interest. By renewing the judgment more frequently, the judgment creditor can maximize the interest earned.
The Judicial Council forms commonly used in this procedure are:
Click below to download this guide, with step-by-step instructions and sample forms:
Renewal of Judgment Step by Step
created 2/13 mpj
reviewed 11/13 en
updated 1/14 mpj