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In a judicial foreclosure what does a Judgment and Decree of Foreclosure on Cross Claim mean?
That means that the cross claimant in the lawsuit was granted a judgment against the cross defendant(s). If the judgment is not satisfied in full immediately, the property in jeopardy will be foreclosed upon.
What should you do if a judgment is 6 and a half years old and you do not know if it will be renewed?
A judgment creditor seldom lets a judgment lapse. That would mean the entire process of filing a lawsuit and being granted a judgment wasted effort. The only option of the debtor is to pay the judgment amount or reach a settlement agreement of some type with the judgment holder.
Does a lawsuit by debt collector affect credit score?
Yes, if they get a judgment against you, and most do. Once the judgment has been entered and is public record, that judgment will go on your credit reports and it will tank your credit scores.
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.
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.
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.
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.
Can your home be taken in a lawsuit?
Yes, in some cases, a person's home can be taken in a lawsuit if a court orders it as part of a legal judgment against the homeowner.
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.
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
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.
