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When are civil suits paid?
When the Defendant has the money! Joking, of course. This question leaves out a lot of information. Is there a settlement, a judgment, an appeal? Generally, if there is a settlement, the agreement itself dictates when payment is to be made. If there is a judgment, the Plaintiff has many tools to effectuate payment, if the Defendant is not forthcoming with the payment. If the Defendant appeals the judgment, then the Plaintiff will generally have to wait until after the appeal is heard - but this is usually ok since the Defendant will usually have to file a bond in the amount of the judgment to file the appeal (which secures Plaintiffs' damages, should the appeal fail).
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.
If you have a judgment on your credit and it has been 7 years does the judgment come off their credit if it still hasn't been paid?
It does come off; however, you may still be obligated to pay. If the plaintiff renewed the judgment, they can still pursue you for payment.
Can a defendant request a reduction of payment of a small claims judgment?
If what you mean is that a judgment has been entered against you, and you wish to pay a lower amount, you certainly can try to compromise with the Plaintiff. Frequently, the Plaintiff will see it as a chance to get a sum certain within a short period of time, and thereby, worth it to compromise the total amount. In order to get that sort of compromise, it is helpful that you have cash in hand ready to be paid quickly. Keep in mind that once a judgment has been entered, the Plaintiff has no obligation to reduce the amount. It then becomes purely a business transaction.
How do I get a plaintiff to document a judgment paid after I have made payment?
You would go to the court which ordered the judgement and get a letter that the amount has been paid and therefore the judgement is satisfied. If you paid the plaintiff directly, then take a copy of the cancelled check with you. Keep a copy in your permanent records in case the judgement does not get removed from your credit report.
If plaintiff receives compensation under an insurance policy then the damages that a defendant migh have to pay?
If a plaintiff receives compensation under an insurance policy, the damages that a defendant might have to pay could be reduced by the amount of the insurance payment the plaintiff received. This is to prevent the plaintiff from being overcompensated for their losses. The defendant would only be responsible for paying the remaining portion of the damages not covered by the insurance.
What are the legal ramifications of not paying off a small claims court ruling?
The plaintiff can employ a host of collection procedures, including garnishment and execution on personal property. The judgment will also be entered against your credit record. Therefore, it is to your advantage to work with the plaintiff to set up a payment plan, though the plaintiff should agree not to execute on the judgment if you are complying with the payment plan. Be sure any such agreement is in writing.
How long does a person have in small claims court to pay the judgment for the plaintiff?
The time given to pay a judgment in small claims court varies by jurisdiction, but it typically ranges from 30 to 60 days. It's important to adhere to the court's timeline to avoid further legal consequences. If you need more time to pay, you may be able to negotiate a payment plan with the plaintiff or seek assistance from the court.
Is child support a judgment against you?
In Illinois, each payment is a judgment.
What does execution of judgment is stayed until final payment is received at which time this judgment will be deemed satisfied mean?
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.
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.
How do you remove a judgment on your title that is Past the statute of Limitations?
If it is a judgment, that is a court-ordered debt to be paid, there is never a time it will be removed until you pay the court. There is not a statute of limitations in this case. Once you get a receipt for payment from the court, you can take the extra steps to report the payment to the credit bureaus.
