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A monetary judgment means it is money; damages or a punitive award. The other type of judgment is equity which does not involve money.

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10y ago

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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 child support garnish a monetary judgment from a divorce?

Yes.


What is adverse civil judgment?

It means you lost a civil suit in court and there is possibly a monetary judgment against you - can result in a Lien, etc.


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if you have the ability to do an act required under a judgment then you can be held in civil contempt and actually jailed, however if it is strictly a monetary judgment then you cannot be incarcerated, but your wages can be garnished and your assets seized by the judgment holder.


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What is a domestic judgment?

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If you are sued by an individual how is the judgment collected?

Judgments can be executed in serveral ways, the preferred method is monetary in the form of wage garnishment or bank levy. Personal property of the judgment debtor can be seized and sold or real property can be encumbered by a lien. States have laws which differ in the type and amount of property that can be exempted from judgment enforcement. Generally small claims judgmenta are monetary recovery only, such as wage garnishment.


What is the Monetary of Canada?

If by "monetary" you mean currency, it is the Canadian Dollar (CAD) which is represented by the symbol $ or C$


How happens if defendant has no assets?

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Does fiscal and monetary mean the same thing?

No


What does monetary mean?

it means a gift of money from one person to another.