Stipulation to Pay Judgment in Installments, is an official form from the Alaska Court System, which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by Alaska statutes and law.
Alaska Stipulation to Pay Judgment in Installments
State:
Alaska
Control #:
AK-SC-18
Format:
PDF
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How to fill out Alaska Stipulation To Pay Judgment In Installments?
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FAQ
Keep in mind that if you do NOT pay the judgment: The amount you owe will increase daily, since the judgment accumulates interest at the rate of 10% per year. The creditor can get an order telling you to reimburse him or her for any reasonable and necessary costs of collection.
You MAY be able to pay your judgment in installments by setting up a payment plan with the court or the judgment creditor.
If the defendant refuses to pay voluntarily, the money judgment will allow you to use collection techniques like wage garnishments, property liens, and bank account levies to access the following types of property: Personal income. An easy way to recover is to take a portion of the defendant's wages each month.
Do not use illegal ways to collect your money. The debtor may be protected from abusive or unfair ways to collect the debt. Encourage the debtor to pay you voluntarily. Be organized. Ask a lawyer or collection agency for help. Make sure you renew your judgment. Ask the court for help.
Keep in mind that if you do NOT pay the judgment: The amount you owe will increase daily, since the judgment accumulates interest at the rate of 10% per year. The creditor can get an order telling you to reimburse him or her for any reasonable and necessary costs of collection.
Pay the judgment voluntarily; Ask the creditor or the court to set up an installment payment plan;Fill out and send the creditor a Judgment Debtor's Statement of Assets (Form SC-133).
Find out the total amount due for the judgment by contacting the clerk of court. Request the form that must accompany judgment payment from the clerk of court that issued the judgment. Write a check or money order to the judgment creditor if you'd rather pay directly.
The best way to locate a bank account for judgment recovery is to use a bank location service like Writ Ready to find accurate bank account information regarding your judgment debtor. Bank account information is necessary to file a writ of execution and obtaining that information is on you.
In many situations, one of the best ways to collect a judgment after winning a case is to put a lien on the debtor's property. This gives you a claim to the property and, in some cases, the property will be sold at public auction in order to satisfy the debt that is owed.