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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 else can I help you with?
Does a lawyer in a small claims court have to report the judgment is satisfied?
In most cases, it is the responsibility of the party who received the judgment to report to the court that it has been satisfied. However, it is advisable for the lawyer representing the party to ensure that all necessary documentation and notifications are provided to the court to confirm that the judgment has been satisfied.
What does payments received pursuant to court order mean?
Payments received pursuant to a court order refer to financial transfers that are mandated by a legal ruling. These payments are typically required in order to comply with a court judgment or settlement agreement, and failure to make them can result in legal consequences.
Can judgment be put against a beneficiary in a trust?
Typically, a beneficiary of a trust cannot be personally liable for the debts or judgments against the trust. However, if the beneficiary has received assets from the trust, those assets could be subject to creditor claims. It is important to consult with legal counsel to understand specific circumstances and protections.
How long can they garnish your wages in Georgia?
By the Fair Debt Collections Practices Act, the creditor may collect for ten years from the date of judgment or last payment, which ever is latest. That means if you received service (bought something) on 1 January 2010, failed to pay on it, and the creditor obtained the judgment on 1 December 2010, they may continue collection, garnishment, until 1 December 2020, provided they received nothing each time they attempted garnishment. If they received as little as one cent, the time resets each time they receive payment. Your best course of action is to pay the balance in full as soon as possible.
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 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.
Does a lawyer in a small claims court have to report the judgment is satisfied?
In most cases, it is the responsibility of the party who received the judgment to report to the court that it has been satisfied. However, it is advisable for the lawyer representing the party to ensure that all necessary documentation and notifications are provided to the court to confirm that the judgment has been satisfied.
Were you satisfied with the service you received?
All businesses want you to be satisfied with the services you receive from them. If you are not satisfied, you need to let them know.
How do you attach a lien to a debtor's bank account?
you need a writ of execution. File for this 30 days after judgment and no payments received. File at same court and bring your copy of the court decision/order
You are not satisfied with the support you have received what can you do for you?
Go to work
What are the ratings and certificates for Judgment - 2001?
Judgment - 2001 is rated/received certificates of: USA:PG-13
What doe execution of judgement is stayed until final payment is received mean?
This means that the final judgment cannot be decreed until all financial obligations are met. This can relate to court proceedings, along with personal financial issues and lawsuits.
What are the ratings and certificates for Satisfied Customers - 1954?
Satisfied Customers - 1954 is rated/received certificates of: USA:Approved USA:Passed (National Board of Review)
What are the ratings and certificates for Place of Execution - 2008 1-1?
Place of Execution - 2008 1-1 is rated/received certificates of: Netherlands:12
What are the ratings and certificates for Place of Execution - 2008 1-2?
Place of Execution - 2008 1-2 is rated/received certificates of: Netherlands:12
What are the ratings and certificates for Place of Execution - 2008 1-3?
Place of Execution - 2008 1-3 is rated/received certificates of: Netherlands:12
What are the ratings and certificates for Get Smart - 1965 Witness for the Execution 5-19?
Get Smart - 1965 Witness for the Execution 5-19 is rated/received certificates of: Argentina:Atp
