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what is domestic judgment mean?
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∙ 12y ago
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Is a Domestic Judgment renewable in Mississippi?
No, a domestic judgment is not renewable in Mississippi. Once a judgment has been entered, it is enforceable for a period of 7 years. If the judgment is not satisfied within that time, the creditor may seek a writ of execution to collect on the judgment.
When a judgment for credit card debt is established in California does the amount remain the same until paid or does it escalate with interest and fees?
A California domestic judgment accrues interest at 10% until paid, no other fees involved.
How do you collect on a judgment when defendant lives out of state?
File a "foreign judgment" against the real property owned by the judgment debtor. This is done by contacting the tax assessor/land office in the county where the debtor resides. If the debtor does not have real property that can be encumbered by a lien, the judgment holder will need to secure a domestic judgment (requires another suit) from the state court in the county where the debtor resides to seize personal property or garnish wages for the repayment of the debt.
How long does an unpaid judgment stay on a credit report?
Seven years or until the SOL pertaining to the judgment expires. Many states have domestic judgment SOL's that are 10 or 20 years, and many judgments are renewable. The older the judgment becomes, the less affect it has on the credit score. It will may cause other problems, for example, if the consumer wants to buy or refinance a home and in some cases, a vehicle(s), the lender may require the judgment be paid before approving any loan.
Who is the grantor in an abstract of judgment?
In an abstract judgment the grantor is the judgment creditor. The grantee of the abstract judgment is the judgment debtor.
Can they seize your property in a different state from were the judgment was made?
For a state court judgment, no.For a state court judgment, no.For a state court judgment, no.For a state court judgment, no.
Can a car be reposessed after judgment?
Whether or not a car can be repossessed after a judgment depends on the judgment.
Can you file bankruptcy on a fraud judgment?
If there is a judgment AGAINST you for fraud, then NO, such a judgment WILL NOT be discharged.
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.
When was The Judgment created?
The Judgment was created in 1912.
What is the definition of Reasonable judgment?
reasonable judgment
How do you put a lien on someone who has not performed services promised?
Generally you must sue them in court, obtain a judgment in your favor and obtain a judgment lien.Generally you must sue them in court, obtain a judgment in your favor and obtain a judgment lien.Generally you must sue them in court, obtain a judgment in your favor and obtain a judgment lien.Generally you must sue them in court, obtain a judgment in your favor and obtain a judgment lien.
