What Is A "MONEY JUDGMENT"?
A money judgment in a civil matter is an order issued by a court that one party to the lawsuit is to pay the other party a sum of money. The amount of the money awarded is referred to as a "money judgment".
Other Louisiana Collections-Creditors Rights FAQs
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What is Debt Collection?
If you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a "debtor." If you fall behind in repaying your creditors, or an … more -
Can A Creditor Ask A Debtor To Reaffirm The Debt?
Yes, this means that the creditor is asking that the debtor pay the debt anyway, even after it has been discharged. A debtor may be willing to do this if there is a … more -
What Is Enforcement Of Judgement?
A judgment is the official decision of a court of law in a lawsuit. A final judgment resolves the issues involved in the lawsuit, and determines the rights and … more -
What Is A "SUPPORT ORDER"?
A "support order" is an order of a court to pay alimony, child support, family support, separate maintenance, or spousal support. The support order is usually incident … more -
Who Is The Judgment Creditor?
A judgment creditor is the party in whose favor a money judgment was issued and is entitled to enforcement of the judgment through liens, execution and levy.
Collections-Creditors Rights Sub-categories
