A judgment in Washington state is recoverable for 10 years and then can be renewed for another 10 years. From the time the judgment is entered, Washington law allows for 12% simple interest on the original judgment amount. This makes your judgment worth more today than it was worth a year ago, or even a day ago. An example:
Judgment amount: $5000 Judgment date: January 1, 2008
12% Interest = $1.64 Per day
Total Judgment on May 7, 2013: $8210.41
A judgment does not grow worthless with time but increases in value. This value can only become valuable to you if the numbers on the page become cash in your hand. There is an end date and the interest is meaningless if the judgment is allowed to remain stagnant in your files. Take your judgment and turn it into wealth by contacting an experienced judgment enforcer today.