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In general legal terms an “order” is a command entered by a judge instructing parties to take some action or face penalties for violation of the order. A “support order” is an order of a court to pay child support, alimony, spousal support or some other type of family maintenance. The support order is usually incident to an action for divorce, legal separation or paternity, and is generally paid on a monthly basis.
→ Read MoreThe term judgment debtor is a legal term used to describe anyone who owes money that the court has ordered him to pay as part of a legal judgment. A judgment debtor can be a person who is ordered to pay child support for his children, a corporation that is ordered to pay restitution to the families of victims of a faulty or unsafe product that they produced, or a criminal who is ordered to make repayment of the money that he has stolen to the victims of his crime.
→ Read MoreAt the conclusion of a lawsuit or settlement, the court will issue a judgment ordering the losing party to pay or satisfy the judgment. Some states require that a Notice of Entry be sent to the losing party or judgment debtor. Until this form is filed, the judgment is neither cleared nor perfect and cannot be considered satisfied.
→ Read MoreThe typical methods employed in enforcing money judgments include voluntary compliance, wage garnishment, judgment lien and execution and levy. When a judgment debtor refuses to pay a money judgment, a judgment creditor typically will proceed with both judgment liens and execution to enforce the judgment.
→ Read MoreA money judgment is a court order that awards the plaintiff a sum of money. The award can be owed to the plaintiff for a variety of reasons. Some examples are unpaid rent, damages to a rental unit, money borrowed, hospital bills, credit cards, and money owed for repossessed vehicles. A money judgment can also include money owed for court costs and attorney’s fees.
→ Read MoreIf someone has little income and few assets, they are effectively’judgment proof’ and even if you win against them in court, you effectively lose: you spent the time and money to sue and receive nothing in return.
→ Read MoreThe actual mechanics of creation of a judgment lien vary state-to-state but tend to be generally similar. The judgment creditor first perfects the judgment and then tries to get the judgment debtor to ‘voluntarily’ satisfy the judgment. If the judgment debtor fails to voluntarily satisfy the judgment, a judgment lien can be created against the judgment debtor’s property.
→ Read MoreWhen one individual or company, or creditor, sues for payment of a debt and the court rules in their favor, it issues a judgment. The judgment requires the debtor to pay the amount determined by the court.
→ Read MoreA judgment creditor is the party a money judgment is issued to and is entitled to enforcement of the judgment through liens, execution and levy. Simply put, the judgment creditor is the person who receives the money in a judgment ruling. During the trial, they are called the ‘plaintiff’ although judgments such as attorney’s fees may also be owed to the plaintiff’s attorney.
→ Read MoreFind the right lawyer for your legal issue.
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