Enforcing a writ of judgment is the most difficult part of winning a lawsuit. The majority of cases are no asset cases, meaning everything the defendent/debtor has is exempt under state law. The most beneficial way to collect a judgment is wage garnishment or bank account levy. Both of which are regulated by state statutes. A lien against real property can be a method that may prove beneficial if the creditor is willing to "wait it out."
Pre-Settlement is the period of time after which a claim has been brought by plaintiff and prior to the execution of the settlement agreement, verdict or judgment.
Trying to do something without a lawyer, eh? You have to file an affidavit or other document with the court that issued the judgment saying the judgment has not been satisfied, probably also an affidavit that the judgment debtor is not on active duty in the armed forces, and ask for an execution or similarly-named document. The execution is then given to (depending on your state law) to a sheriff, deputy sheriff, constable or person designated by the court on your motion, who records it in the registry of deeds (or whatever it is called in your state). You have to research the book and page number of the deed so it can be referenced on the deed record.
You should go to the court that issued the original judgment and inquire about a 'judgment satisfied' document that could be recorded in the land records.
A judgment is a court order giving a creditor or someone who is owed money (such as money that was borrowed from a friend) the legal right to collect the debt in accordance with the laws of the state. The term "outstanding" indicates the judgment has not been paid or settled, but is still valid. A judgment that has been awarded to the judgment plaintiff but has not been paid by the judgment debtor.A judgment that has been awarded to the judgment plaintiff but has not been paid by the judgment debtor.
Garnishments can only be issued on debts which have been taken to court and a judgment has been issued. A person can be sued and taken to court for a credit card debt.
you "satisfy" a judgment by paying balance in full or settlement. but understand that once a judgment has been issued by a court then there can be no one else that does this.
If the query refers to the execution of a civil judgment, such judgments are issued for a period of ten years from the date they are granted. If the judgment has not been acted upon and/or satisfied within 5 years time it can be renewed for another 10 years and so on and so on. All judgments collect interest until they are satisfied, which usually means paid in full. That being the case what begins as a relative small debt can quickly grow into a large sum.
FiFa (Fi. Fa. or Writ of Fieri Facias). A writ issued by a court pursuant to a judgment in a civil lawsuit. Once recorded in the General Execution Docket, the FiFa becomes a lien against all real property owned by the judgment debtor in the county where the FiFa has been recorded. In most typical transactions, all FiFas must be collected for and paid in full at or before closing. FiFa (Fi. Fa. or Writ of Fieri Facias). A writ issued by a court pursuant to a judgment in a civil lawsuit. Once recorded in the General Execution Docket, the FiFa becomes a lien against all real property owned by the judgment debtor in the county where the FiFa has been recorded. In most typical transactions, all FiFas must be collected for and paid in full at or before closing.
Usually within 30 business days.
It means that if you don't pay the rent your landlord can execute you!! Just kidding. Execution, in any term, means the carrying out of a legal order. A lease, once it has been created, prepared, and signed by both parties, has been executed once the keys are issued to the tenant.
If the question is worded properly - it means that someone name in the judgment has been relieved or dismissed (probably by court order) from the effects of the ruling.
She hasn't been scheduled for execution at this time.