
Examination Judgment Debtor Form


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What is the meaning of judgment debtor?
A judgment debtor is a person or entity who owes an amount of money due to a judgment that has not been paid or executed. The debt is owed to a judgment creditor, who may obtain discovery against the judgment debtor to aid in execution of the judgment.
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What is a judgement debtor examination?
If you need information about what the person or business who owes you money earns or owns, you can get a court order for them to come to court to answer questions (called a debtor's examination) about what they earn or own. You can use this information to try to collect the money owed to you.
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What happens if a debtor fails to pay?
If you do not pay or fill out and mail the Statement to the judgment creditor, you might be in contempt and be sanctioned by the court. This means a warrant for your arrest may be issued and you may have to pay penalties and attorney's fees.
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What is an example of a Judgement creditor?
If, for example, you tried to sell your car, the lien would appear, and you'd have to pay off the judgment creditor before selling. Once the judgment creditor has a lien on your property, especially your real property, the creditor can safely anticipate payment.
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What happens after a debtors exam?
After the examination, the creditor can try to collect the money using the information they got about what you earn and own. If they try to collect from your bank account or paycheck, you may be able to stop or limit what's being taken. You will get a notice if this happens.
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What is the meaning of Judgement debt?
a sum of money that a court of law has ordered a company or person to pay. (Definition of judgment debt from the Cambridge Business English Dictionary © Cambridge University Press)
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What is the difference between a Judgement creditor and a Judgement debtor?
If you win your case, the money the court awards you is called the judgment. You are the Judgment Creditor. The person who owes you money is the Judgment Debtor.
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What is the difference between a Judgment Creditor and a debtor?
If you win your case, the money the court awards you is called the judgment. You are the Judgment Creditor. The person who owes you money is the Judgment Debtor.
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