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No, but for the purposes of collecting on a specific debt, such a stipulation can be spelled out in the divorce decree. You will then have the legal empowerment to collect on the debt. It needs to be separate line item in the divorce. The type of debt needs to be indicated, alont with a specific dollar amount that needs to be collected. Your attorney can draft this into the divorce decree. == ==
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What is a monetary judgment mean?
A monetary judgment means it is money; damages or a punitive award. The other type of judgment is equity which does not involve money.
If I sign an acknowledgement of assignment of judgment am I giving up my right to collect?
If you are the 'creditor' of judgment and you sign for a third party to collect, then YES, your right to collect is given up. Because once that is signed you just signed over your judgment over to the third party, and it is considered THEIR judgment now. BUT you will still get your money judgment from the third party.
What is an outstanding judgment?
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.
Can i get a lien on my ex husbands house if he owes me money on a judgment for alimony?
You can return to the court where your divorce was filed and file a motion for contempt. You could request that court issue a judgment lien that can be recorded in the land records.You can return to the court where your divorce was filed and file a motion for contempt. You could request that court issue a judgment lien that can be recorded in the land records.You can return to the court where your divorce was filed and file a motion for contempt. You could request that court issue a judgment lien that can be recorded in the land records.You can return to the court where your divorce was filed and file a motion for contempt. You could request that court issue a judgment lien that can be recorded in the land records.
What is the difference between an abstract of judgment and a judgment?
An abstract of judgment is a statement written as a summary of a judgment. It generally outlines any money owed by the plaintiff to the defendant or claimant in the case.
I have a judgment in ca. can they garnish me in fl.?
If you owe money and have a judgment against you, they can garnish your income.
Answering a CIVIL complaint?
is a money judgment
Can a judgment be collected from a dissolved corporation?
The judgment would have to be presented to the bankruptcy court. Wow! Who mentioned bankruptcy? This is a money judgment against a admin dissolved corp. If bankruptcy had been filed the judgment, if listed, would be discharged and worthless.
If someone owes money for a judgment can it be temporarily suspended so the debtor can refinance a home to pay the debt?
No, the judgment is a court order and must be paid in full or to the satisfaction of the judgment holder.
What is a deficiency judgment?
A deficiency judgment is where the owner of a mortgage or deed of trust is awarded a judgment against the borrower in the amount of: the amount of money owed in the mortgage or deed of trust minus the amount of money the property sold for at foreclosure sale If the above amount is a positive number, some states allow the lender to get a judgment for that amount.
How do you collect judgment money from a levied account?
Court
If a person receives child support is it considered judgment proof?
Yes, because that money is really not yours. It is given to you for the needs of the child.
