Loan Garnishment After 5 Years

Summary

In Oklahoma, a loan company can garnish wages if they obtain a court judgment within the 5-year statute of limitations. Even after 6 years, if a judgment was obtained, garnishment is still enforceable. Consult a local attorney for personalized advice.

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I just wanted to know can a loan company garnish you after 5 years and after they’ve already sent it to a credit adjuster
Hello Amonnie, the ability for a loan company to garnish your wages depends on your location and the nature of the debt. Could you please provide your location so I can give you more relevant information?
Oklahoma
In Oklahoma:
- A loan company can garnish your wages if they obtain a judgement against you.
- The statute of limitations on debt is 5 years.
- The garnishment is possible even after the debt has been sent to a credit adjuster.
Please consult with a local attorney for further information.
But if it’s been 6 years they can’t garnish right ?
In Oklahoma, the statute of limitations is 5 years for debt. However, if the lender obtained a court judgement within this period, they can still enforce it, even after 6 years. It's best to seek advice from a local attorney.