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Judgment definition
Judgment definition









judgment definition

Judgments aren't always monetary, though. Judgments are reported to credit agencies and generally stay on a person's credit report as a negative item for seven years. A deficiency judgment occurs when the sale of a seized piece of property does not generate enough cash to pay the judgment and the court has to place a lien on more property. A default judgment, for example, occurs in favor of the plaintiff when the defendant fails to appear in court to defend himself or does not respond to a summons.

judgment definition

If John does not pay the judgment, Jane can ask the court for remedy, which might include the court placing a lien on his assets, garnishing his wages or other actions. This order is a judgment against John, and it is usually a matter of public record. The judge agrees and orders John to pay the $3,000. 2012 New York Consolidated Laws CVP - Civil Practice Law & Rules Article 50 - (5001 - 5021) JUDGMENTS GENERALLY 5011 - Definition and content of judgment. Jesus Christ and his apostles pointed to a future. It may be a time when those judged to be deserving of death are executed, or the judgment may afford opportunity for some to be saved and gain everlasting life. Jane sues John Doe for $3,000 to compensate for the vet bills and pain and suffering. A specific day, or period, when particular groups, nations, or mankind in general are called to account by God. Jane rushes Fifi to the vet and incurs $2,000 in vet bills. One day, John's dog jumps the fence and mauls Jane Smith's dog, Fifi. Let's say John Doe owns a pit bull he hasn't trained very well. A judgment is a court order to pay someone else a sum of money or other remedy.











Judgment definition