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Once a Judgment is filed - What is the process to pay it off

Resolved Question:

Once a Judgment is filed - What is the process to pay it off? How long does the debtor have to pay it off? To whom does the debtor send the payment to? Once the Judgment is paid does the debtor receive any proof that it was paid?
Submitted: 3 years ago.
Category: Legal
Expert:  Sam replied 3 years ago.

Hi

 

If the court has granted a Judgment, then the debtor will need to contact the collector and arrange to have payments made. It is up to the collector to decide if they will accept payments with interest or if they want a lump sum payment. The Judgment is good for 7 to 10 years, depending on the state and then it can be renewed.

 

Once it is paid, the debtor needs to request a "Release" be filed with the Courts and also that a copy of that Release be mailed to them.

 

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Sam, Attorney at Law
Category: Legal
Satisfied Customers: 22526
Experience: 20 years of experience practicing law.
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