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i live in louisiana and a collection agency is seeking a judgment . how will this affect my home?

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ajwc1975y1914 Joined: 09 Jul 2009 Posts: 2 1.45 Dollars($)	Posted: Thu Jul 09, 2009 1:02 pm    Post subject: i live in louisiana and a collection agency is seeking a jud i live in louisiana and a collection agency is seeking a judgment . how will this affect my home?...debt is more than 10 years old. could they seize my house?
smithsussane Joined: 18 Sep 2008 Posts: 3738 Location: Alaska 561.45 Dollars($)	Posted: Thu Jul 09, 2009 9:26 pm    Post subject: Hi ajwc! Welcome to forums! As far as I know, the SOL period for written contracts in Louisiana is 10 years. If 10 years has already passed and you've not made any payments, then the collection agency cannot sue you. You'll have to contact an attorney and take his opinion in this regard. Feel free to ask if you've further queries. Sussane

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