A judgment against a person is when a judge orders that a one party owes another party a sum of money. A judgment can be given from a company, a creditor or an individual.
In order for a judgment to be valid, the party who is seeking the sum of money from the individual must file a complaint with a local court. The complaint must be taken to court where the lawsuit will be filed. After a lawsuit has been filed, the court will issue a summons for the defending individual. The individual will have the opportunity to show up at court for the case or fight the case because they do not believe they owe the plaintiff money. The court will only be able to issue a judgment against a person after the defendant has given his or her side of the story. The judge is able to decide in the favor of the plaintiff, in which the defendant would have a judgment issued against them and would have to pay the sum of money. The judge can also decide in favor of the defendant, in which the sum of money would not have to be paid. In these cases, the plaintiff is often responsible for the fees associated with the court hearings.Learn More
Specific rules regarding filing a judgment vary slightly from state to state. Generally, to begin the process of filing a judgment, a person must submit the appropriate forms to the local county clerk's office.Full Answer >
Deferred judgment refers to a sentencing option in a court case in which the defendant pleads no contest or guilty to criminal charges and the civil penalty is deferred in exchange for a plea deal, according to the Iowa State Code. The defendant completes the specified terms of a deferred judgment.Full Answer >
A civil judgment gives the details of which party wins in a court case -- the plaintiff or the defendant -- and defines what that party gets from the other. A civil judgment is the official court record documenting the disposition of a civil case.Full Answer >
A stipulated judgment is when both parties in civil court case agree to settle their dispute, and the judge signs a legal document reflecting the parties’ agreement. A stipulated judgment is also called a consent decree or a consent judgment.Full Answer >