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What does execution of judgment is stayed until final payment is received at which time this judgment will be deemed satisfied mean?
Wiki User
∙ 9y ago
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.
Wiki User
∙ 9y ago
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What does execution of judgment is stayed until final payment is received at which time judgment will be deemed satisfied mean and will the judgment actually be filed as to reach my credit report?
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.
How can I stop a Writ of Execution in Texas?
You can resolve the execution by paying the debt in full. The creditor will notify the court of the payment and the execution will be dissolved. If the execution was recorded in the land records the court will issue a judgment satisfied certificate that must also be recorded.You can resolve the execution by paying the debt in full. The creditor will notify the court of the payment and the execution will be dissolved. If the execution was recorded in the land records the court will issue a judgment satisfied certificate that must also be recorded.You can resolve the execution by paying the debt in full. The creditor will notify the court of the payment and the execution will be dissolved. If the execution was recorded in the land records the court will issue a judgment satisfied certificate that must also be recorded.You can resolve the execution by paying the debt in full. The creditor will notify the court of the payment and the execution will be dissolved. If the execution was recorded in the land records the court will issue a judgment satisfied certificate that must also be recorded.
What does the judgment is stayed pending defendants settlement payment at which time this judgment will be deemed fully satisfied mean and will the judgment be physically filed?
This means that the defendants have an opportunity to make payment before the judgement is to be satisfied by the court officers. The person who lost the suit can pay before the judgement before their property starts being forfeited to settle the debt.
What if property is paid in full and there no mortgage Can HOA still put a lien for non payment of fees?
A lien can be placed upon any property if first, there is a judgment. You first have to have a judgment, where a debt is actually proven in a court of law, leaving a judgment. THen, if not satisfied, they certainly can lien your house. Anyone holding a judgment that is not satisfied can lien your house.
How do you remove a satisfied judgment from title?
Generally, a lienholder gives the debtor a document called a Warrant of Satisfaction upon payment of the debt secured by the lien. Most state laws require that this be done promptly upon payment. The Warrant is then filed in the same office the judgment lien was recorded so the office can mark the lien satisfied.
What does aid in execution mean?
Something in "aid of execution" is a court pleading or action to do something to enforce a court judgment. Enforcing a judgment, whether one for money damages or for eviction, is done by execution on the judgment. A judgment holder on a debt can execute the judgment by attaching the defendant's assets or garnishing salary. One way to force payment is to execute or levy on a defendant's assets. Sometimes the location of those assets is unknown and a court will give the judgment holder the right to bring the defendant in to declare his assets and tell where they are. Not every state will do this. The judgment holder applies for an order to compel the defendant to appear. This in an effort to aid in the execution of the judgment. hence the phrase.
What doe execution of judgement is stayed until final payment is received mean?
This means that the final judgment cannot be decreed until all financial obligations are met. This can relate to court proceedings, along with personal financial issues and lawsuits.
If a 20 yr judgment is not satisfied and soon to be expired then some money is paid by debtor as acknowledgement of money owed does this extend the judgment from day of receipt of that payment?
Yes, it does extend the running of the SOL on the debt.
What is a motion for Writ of Execution?
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 I was sued and court-ordered to pay the plaintiff how long is the court-order valid How long until the payment can't be enforced?
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.
Will you be contacted if they renew a judgment Some are saying a judgment is good for 20 years in NY others say 10 years and they have to renew it?
You will not likely be notified, however this is to the discretion of the creditor. Judgements are valid for 20 years. [N.Y. Civil Procedure L. & R. §211(b)]:(b) On a money judgment. A money judgment is presumed to be paid and satisfied after the expiration of twenty years from the time when the party recovering it was first entitled to enforce it. This presumption is conclusive, except as against a person who within the twenty years acknowledges an indebtedness, or makes a payment, of all or part of the amount recovered by the judgment, or his heir or personal representative, or a person whom he otherwise represents. Such an acknowledgment must be in writing and signed by the personto be charged. Property acquired by an enforcement order or by levy upon an execution is a payment, unless the person to be charged shows that it did not include property claimed by him. If such an acknowledgment or payment is made, the judgment is conclusively presumed to be paid and satisfied as against any person after the expiration of twenty years after the last acknowledgment or payment made by him. The presumption created by this subdivision may be availed of under an allegation that the action was not commenced within the time limited.
Can a judgment be settled by going to the courthouse and making payment for the judgment amount?
Yes. Then get a letter stating the debt was satisfied and photocopy it. Get a report from each reporting agency, dispute it saying it should say "satisfied"...attach a copy of the letter from court to your dispute letter. Attach the page of your report (photocopy) and highlight the item disputing. Include the case/account number in your dispute.
