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Dear Debt Adviser,I have a judgment and collections account on my credit report for an old debt. The collections account is scheduled to expire from my report in September. When that happens, will the judgment remain valid? If so, what are my options? --ElanDear Elan, Owing money casts a shadow over many parts of your life, from finding a job to buying insurance. By this point, I imagine you must be getting pretty tired of it. I'm glad you wrote to me so you can get this mess behind you.What you have here are two different clocks running at the same time but at different speeds. The judgment clock will run for a lot longer than the credit-reporting clock. Here's what I mean: In general, judgments remain enforceable for 10 years (in some states, such as my creditor-friendly state of Rhode Island, it's 20 years) from the date entered or filed with the courts. However, many states allow the creditor to renew the judgment if it is not paid during the initial 10-year period. The creditor mu...
Russian Prime Minister Dmitry Medvedev criticized the European Union's handling of the financial crisis gripping Cyprus on Wednesday, describing it as a "bull in a c...
European stock markets rebounded from a three-session losing streak on Wednesday, with investors digesting Cyprus's rejection of its proposed bailout plan and lookin...
0712 GMT [Dow Jones] Singapore's STI continues to largely shrug off fresh eurozone concerns after Cyprus' parliament rejected the proposed bank levy required for its...
0227 GMT [Dow Jones] Singapore's STI is down 0.2% at 3261.56, largely shrugging off fresh eurozone concerns after Cyprus' parliament rejected the proposed bank levy ...
European stock markets dropped for a third straight day on Tuesday, as news reports said the ruling party in Cyprus would abstain from voting on a key decision on th...
Lawmakers from Cyprus' Democratic Rally party, headed by President Nicos Anastasiades, are expected to abstain from a vote on the country's bank deposit levy, a part...
Cypriot lawmakers overwhelmingly rejected a deeply unpopular tax on bank deposits on Tuesday, throwing into doubt an international bailout for the troubled euro zone...
European Union officials will discuss a bail-out deal for Cyprus with their Russian partners when they travel to Moscow next Wednesday and Thursday for high-level ta...
The International Monetary Fund Tuesday expressed its support for Cyprus' plans to reduce the burden the country's new bank levy would have on the island's poorest c...
The government of Cyprus has submitted a fresh draft bill to parliament that will scrap a controversial levy on bank deposits below €20,000, according to Reuters , w...
Cypriot banks stand to lose more than 10 percent of their deposit base within a matter of days if a levy on bank deposits is imposed, its central banker said on Tues...
Euro-zone finance ministers unanimously support the exemption of smaller depositors from a tax that Cypriot authorities are planning to levy on bank accounts to incr...
Greece's Piraeus Bank agreed to buy the operations of stricken Cypriot banks in Greece for 524 million euros, the lender said on Tuesday, in a deal hastily cobbled t...
Greece's Piraeus Bank said on Tuesday it agreed to buy the branches of all three Cypriot banks in Greece for 524 million euros ($675.04 million) in cash.The deal con...
FOX Business: Capitalism Lives Here Mixed messages from the European Union on whether the Cyprus bank levy will be a one-time event rattled market confidence Monday....
The European Union has given Cyprus until the close of business on Monday to come up with a plan to raise nearly 6 billion euros and secure an international bailout....
FOX Business: Capitalism Lives HereSelling on Wall Street picked up steam Thursday morning as a slew of mostly positive reports on the state of the U.S. recovery wer...
FOX Business: Capitalism Lives HereA discord between Cyprus and its international partners over a critical bailout threatened to ignite a liquidity crisis in the alr...
An overwhelming majority of the citizens in Cyprus would rather leave the euro zone than accept an unprecedented levy on bank deposits as part of bailout package, Gr...