A chose in action is essentially a right to sue. It is an intangible personal property right recognized and protected by the law, that has no existence apart from the recognition given by the law, and that confers no present possession of a tangible ob
Connecticut Assignment of Money Judgment
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Multi-State
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US-0422BG
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Word;
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How to fill out Assignment Of Money Judgment?
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FAQ
If you don't pay the judgment, the plaintiff can ask the court for an order called an execution to collect the money from you. Some types of income and assets are protected by law. The plaintiff has 10 years to collect the judgment.
If a default judgment has entered against you, there may still be options available to you to vacate that judgment, either by Motion to Reopen or by a bankruptcy filing. Collection lawsuits have strict rules and if time deadlines are missed, a Default Judgment will be entered against you.
If you lose a civil case and are ordered to pay money to the winning side, you become a judgment debtor. The court will not collect the money for your creditor, but if you do not pay voluntarily, the creditor (the person you owe money to) can use different enforcement tools to get you to pay the judgment.
Keep in mind, judgments issued by Connecticut Superior Courts are enforceable for up to 20 years and can possibly be revived for an additional period of time if proper procedure is followed before the expiration date.
Money judgments entered in Connecticut can be secured by filing a Judgment Lien on Connecticut real estate owned by the judgment debtor.
If you don't pay the judgment, the plaintiff can ask the court for an order called an execution to collect the money from you. Some types of income and assets are protected by law. The plaintiff has 10 years to collect the judgment. Read the court's booklet, How Small Claims Court Works, Section 6.
A money judgment is enforced by a writ of execution, unless the court directs otherwise. The procedure on execution?and in proceedings supplementary to and in aid of judgment or execution?must with the procedure of the state where the court is located, but a federal statute governs to the extent it applies.
How long does a judgment lien last in Connecticut? A judgment lien in Connecticut will remain attached to the debtor's property (even if the property changes hands) for 20 years (for liens on real estate) or five years (liens on personal property).
