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I am a member of the State Bar of California, the Bar of the U.S. District and Bankruptcy Court for the Central District of California (San Luis Obispo, Santa Barbara, Ventura, Los Angeles, Orange, San Bernardino, Riverside Counties), the Bar of the U.S. Tax Court, the California and National Associations of Realtors, and I have comprehensive information about all areas of California law. You asked:
I wonder if I should pay the money within 30 days from mail dated 5/25/2017. What happens if I will not pay the whole amount? Or I only pay a little bit. ?
A: First, you have the right to request an appeal of the small claims decision. The court will rehear the case, without any consideration of what was decided at the first hearing.
If you have already had your second hearing, then the answer to your question is that if you don't pay, then the tenant will have to obtain a "writ of execution" from the court, and then attempt to find property or bank accounts that you control, and which the county sheriff can seize and sell to satisfy the judgment. If the tenant cannot accomplish this, then the tenant will not collect anything from you.
In short, nothing will happen to you, if you don't pay right away -- or, even if you don't pay at all, until the tenant manages to find your assets and have the sheriff seize and sell them. This is very difficult for a typical non-lawyer to accomplish.
Does it will affect my credit and with public record on my credit report?
A: Yes, unless you appeal within 30 days, then the judgment will appear on and negatively affect your credit report for the next 7 years.
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