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A Judgement is a decision made in a civil matter. Let's make an example:
You loaned a friend $500 to repair their car with a contract stating that they must pay $10 every week for 50 weeks. It's also written that If your friend misses a payment, you may add on an additional payment valued the same as your friends weekly payment ($10). You both signed the contract and it was notarized. Now let's say that after 49 payments your friend refuses to make the final $10 payment to you. You'd file a tort action (civil lawsuit) against your friend seeking damages, in the amount of $20. ($10 on the principal, $10 worth of interest as a result of damages incurred).
Now the Judge wants to see your contract, he determines it was valid and your friend broke the terms in the contract (breach). He then submits a Judgement or decision, awarding you $20.00. Your friend is generally required to pay that back within the terms of the settlement (Judgement/decision/award), or face steeper penalties.
A Judgement however may be appealed, on the basis of evidential or information used that was not factual.
Let's say for example, you never added that $10.00 interest for late payments, but provided the court with a contract that contained that. If the Judge was to rule in your favor and the defendant found out, he could appeal to have Summary Judgement overturned.
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∙ 11y ago
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What judgment must be entered for a cosigner to begin a lawsuit against the primary borrower?
There is a bit of confusing concerning the terminology used in the question. A judgment writ is issued to the plaintiff if the lawsuit is won. The judgment can then be executed pursuant to state statutes. The process of filing a lawsuit can begin by contacting the clerk or the administrator of the court of jurisdiction or by retaining legal representation.
Would is a consent judgment?
A consent judgment is a legal agreement or court order that is approved by all parties involved in a lawsuit. It is typically reached when both parties agree to resolve the dispute without a trial, often outlining the terms of the settlement. Consent judgments are binding and enforceable by the court.
What is judgment in a lawsuit mean?
The judgement is the final decision - who won, who lost, and what the damages are.
Should a judgment be filed where you live?
A judgment is filed in the court where the lawsuit is litigated, which is the court with proper subject matter and geographic jurisdiction.
What is a judgment of Non Pros?
It is a judgment against a plaintiff for neglecting, or failing, to properly press his lawsuit according to the law and the rules of the court.
How do you avoid a judgment?
If the judgment is valid it can be executed by the judgment holder in the manner prescribed by the laws of the state in which the judgment debtor resides. The only action available to avoid a lawsuit judgment is to reach an agreement with the creditor for repayment of the debt.
If your checking account is frozen because of a judgment do you have to pay the entire amount or can you settle?
That's at the discretion of the party who won the lawsuit and had the judgment enforced. In general creditors are only open to a settlement/payment agreement before a lawsuit is undertaken.
How do you domesticate a Florida default Judgment in New York?
You need to file a new lawsuit in New York, and simultaneously move for summary judgment.
Can wages be garnished for the balance of an auto loan in New Jersey?
Yes. If the creditor receives a lawsuit judgment the judgment can be enforced as a wage ganishment.
In a lawsuit monetary judgment won do you have to pay taxes just like a paycheck?
are taxes due on monetary judgment like a pay check
What is the motion that ends a lawsuit because there are no disputed material facts?
A motion for judgment on the pleadings
Can you pay the amount of the judgment and stop the judgment before the court date?
A judgment is awarded after a lawsuit has been won. If this is an issue of paying a defaulted debt before the lawsuit is heard then it is quite possible . The majority of lawsuits of all types are settled out of court. Of course it is always at the discretion of the plaintiff on how they wish to handle the issue.
