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If the defendant was found personally liable, you may not receive much from this judgment. A judgment just says the money is owed, it doesn't provide the remedy for paying it.

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What action can be taken in Oregon if someone stops payment on a check to someone?

If money is owed you and a check payment is stopped, write a letter of demand for payment. If money is not received in a timely manner or no arrangement for payment has been made, then your option is to sue in court. If the claim is under $5,000., you may sue in small claims court and you need no attorney to go to this court. If the judge rules in your favor, you will receive a judgment. The defendant as a right to appeal this ruling. The defendant has 30 days to appeal. Wait this period out. On the 31st day, if no appeal has been filed, your judgment is final. At this point, you have a number of options how to collect your money.


How can you find out if there is a judgment against you?

The defendant receives a notice of final judgment from the court where the plaintiff entered the judgment.If for some reason the notice was not received the defendant should contact the office of the clerk of the court where the lawsuit was heard.You can check your local civil court clerk's index and land recorder's office for any recorded documents, but the easiest way is to contact one of the major credit bureaus and get a copy of your credit report. They are Trans Union, Equifax and Experian. Try www.equifax.com or www.experian.com for information on how to get a copy of your report. If you have been turned down for credit recently, the report should be free.You can either check your credit report(s), which sometimes will not include judgments, or the sure way of finding out is to contact the county courthouse where you live(d), or the county courthouse located at the address you provided your creditor with.


Can a garnishment include bonuses and commission?

Yes if the garnishee has received the bonus and/or commission it can be garnished at the time the judgment writ is executed and as long as the garnishment remains valid.


Why is it important for managers to be familiar with time value of money concepts?

The fact that a dollar to be received next week is worth less than a dollar to be received today is important in finance because the value of a business firm is, fundamentally, the sum of the values today of all the dollars expected to be received by the business firm in the future.


How Much Time Will It Take To Get My Loan Approved?

Once you have submitted a complete loan package, a business loanapproval can generally be received in 5-7 business days.

Related Questions

Do you have to pay taxes on interest you get for money you personally loaned to a business?

Sure...under either scenario...if you did it personally or as a business...the interest RECEIVED is income.


Can a default judgment for unpaid credit card debt be awarded if you never officially received a court summons?

Yes, only a reasonable attempt to serve a civil summons is necessary. If the defendant is not located, refuses service of the summons, etc. the creditor's suit will be heard and usually a default judgment will be entered against the defendant.


Can summons be obtained if the defendant never received a letter of demand?

Yes, summons can still be obtained even if the defendant never received a letter of demand. The legal process typically requires the plaintiff to properly serve the summons and complaint to the defendant in order to initiate the lawsuit. If the defendant does not respond to the summons, a default judgment may be issued against them.


What happens if you don't appear in a civil suit court case?

The plaintiff wins the case by default and a judgment is entered against the defendant. A civil lawsuit summons is not a court order per se and therefore the defendant is not obligated to appear. An order of appearance from the court, interrogatories, depositions, discovery motions and so forth are different matters and the person(s) named should always respond. Legal counsel is always advisable in such matters.


What should you do if you had a credit card charged off 5 years ago and you just received a summons from a state attorney suing for the amount and fees and will the judgment start the 7 years over?

A judgment is not granted until the suit is heard and the plaintiff prevails. The amount of time that a judgment remains on a credit report (7 years) has nothing to do with the length of time that a judgment is valid and can be enforced. The best option is for the defendant to discuss the individual circumstances with a qualified attorney.


What are the ratings and certificates for Judgment - 2001?

Judgment - 2001 is rated/received certificates of: USA:PG-13


Is it legal in Texas if you had a car repossessed about 2 years ago and now the law office has put a lien against your home making it unable for you to refinance your home?

The lien is valid if due process of law was followed correctly. Meaning the party involved was sued, the plaintiff won the case, was awarded a judgment and executed the judgment as a lien against the defendant's property. During all these legal 'steps' the defendant should have received notification and time to respond. Undoubtedly the lien represents the deficiency and fees incurred when the repossessed vehicle was sold. There might possibly be an appeal on grounds the suit and/or judgment was faulty and therefore the lien is not valid. This requires research as to the data contained in the lawsuit petition, writ of judgment, and any other contributing factors. To obtain copies of the lawsuit and judgment documents the party involved can contact the clerk or administrator of the court where the writ of judgment was issued.


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?

The statement, "execution of judgment is stayed until final payment is received at which time judgment will be deemed satisfied" means that the judgment will be held against you until the debt is completely paid off. You can then get a letter of clearance to have the judgment removed from your credit report. Most debts will remain on a credit report for 7-10 years, even after they have been paid and satisfied.


What is the maximum APR in Iowa?

The maximum APR is 5 percent unless agreed upon in writing. This does not count loans for real property, business, or farming. If a judgment is received, the interest is set at 10 percent.


What are the ratings and certificates for A Day of Judgment - 1981?

A Day of Judgment - 1981 is rated/received certificates of: Iceland:16 UK:15


What is a 7 letter word across fit this phrase defendant received ten years in prison?

Verdict


What are the ratings and certificates for WWE Judgment Day - 2003 TV?

WWE Judgment Day - 2003 TV is rated/received certificates of: Australia:M