Check your paperwork. Most likely the person paid the judgement off at the court where it was levied and they forwarded it to you. Otherwise, they would not have a receipt stating that the judgement was paid.
If you don't pay a small claims court ruling, the creditor can take legal action to enforce the judgment. This can include wage garnishment, bank levy, or placing a lien on your property. It can also negatively impact your credit score and make it difficult to obtain credit or loans in the future.
When the Defendant has the money! Joking, of course. This question leaves out a lot of information. Is there a settlement, a judgment, an appeal? Generally, if there is a settlement, the agreement itself dictates when payment is to be made. If there is a judgment, the Plaintiff has many tools to effectuate payment, if the Defendant is not forthcoming with the payment. If the Defendant appeals the judgment, then the Plaintiff will generally have to wait until after the appeal is heard - but this is usually ok since the Defendant will usually have to file a bond in the amount of the judgment to file the appeal (which secures Plaintiffs' damages, should the appeal fail).
It does come off; however, you may still be obligated to pay. If the plaintiff renewed the judgment, they can still pursue you for payment.
If what you mean is that a judgment has been entered against you, and you wish to pay a lower amount, you certainly can try to compromise with the Plaintiff. Frequently, the Plaintiff will see it as a chance to get a sum certain within a short period of time, and thereby, worth it to compromise the total amount. In order to get that sort of compromise, it is helpful that you have cash in hand ready to be paid quickly. Keep in mind that once a judgment has been entered, the Plaintiff has no obligation to reduce the amount. It then becomes purely a business transaction.
This statement means that the enforcement of the judgment will be postponed until the final payment is made. Once the payment is received in full, the judgment will be considered satisfied. While the judgment may still be filed on your credit report, it should reflect that it has been satisfied once the payment is received.
You would go to the court which ordered the judgement and get a letter that the amount has been paid and therefore the judgement is satisfied. If you paid the plaintiff directly, then take a copy of the cancelled check with you. Keep a copy in your permanent records in case the judgement does not get removed from your credit report.
This means that the final judgment cannot be heard until all financial obligations are met. This is mainly associated with lawsuits and court related cases.
In Illinois, each payment is a judgment.
A writ of execution (also known as a writ of final judgment) is an order from the court allowing the judgment holder to attach or seize real or personal property belonging to the judgment debtor. Example, garnishment of the debtor's income/wages.
If it is a judgment, that is a court-ordered debt to be paid, there is never a time it will be removed until you pay the court. There is not a statute of limitations in this case. Once you get a receipt for payment from the court, you can take the extra steps to report the payment to the credit bureaus.
In Illinois, each child support payment is a civil judgment.
There is no statute of limitations on court orders. The judgment is good until it is satisfied. And if not satisfied in a timely manner, you could be cited for contempt of court.