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when does writ of execution expire?

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PostPosted: Tue Aug 28, 2007 2:46 pm Subject: when does writ of execution expire?

Does anybody know when would a garnishment of bank account expire?
Asset Acceptance obtained a judgment and froze my account.
I signed a paper in which I agree not to use the head of household defense,and pay the amount I owe them.
Now,after almost 90 days they want me to sign again the same paper (small difference which doesn't affect me).
Initialy they told me that by signing this agreement,I will have my account back in 3-4 weeks max.,but are almost 90 days and I have to sign again, and wait again for the paper to reach the court.
Is it true that the writ of execution expire after 120 days?

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michelle43
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PostPosted: Tue Aug 28, 2007 3:04 pm Subject:

Yes, it is true that all Execution/Garnishments expire after 120 days. In case, if you have not got your judgment satisfied within the 120 days period, you have the option to refile your Execution/Garnishment in Justice Court.
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PostPosted: Tue Aug 28, 2007 8:10 pm Subject:

check your state's law regarding all this as well, and be careful what you sign with a company like Asset Acceptance.
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PostPosted: Tue Aug 28, 2007 8:22 pm Subject:

I would do as lawstudent suggests, don't sign anythiing unless you know EXACTLY what it is that you are signing. Laughing

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