District of Columbia Abstract of Judgment

State:
Multi-State
Control #:
US-FED-0044
Format:
Word; 
Rich Text
Instant download

Description

This is a multi-state form covering the subject matter of the title. A District of Columbia Abstract of Judgment is a legal document that serves as a record of a court's judgment or decision in a civil case. It is commonly used in the District of Columbia court system to ensure the enforceability and collection of judgments. This document provides a concise summary of the court's ruling, including the amount of money owed by the debtor (judgment debtor) to the creditor (judgment creditor). It is filed with the Superior Court of the District of Columbia to create a public record and establish a lien on the debtor's property. District of Columbia Abstracts of Judgments come in different types depending on the specific circumstances of the case: 1. Money Judgment: This type of abstract is issued when the court orders the debtor to pay a certain amount of money to the judgment creditor. It includes the principal amount, any accrued interest, and court costs. This abstract ensures that the judgment creditor has a legal claim to the debtor's assets to satisfy the debt. 2. Specific Performance: In certain cases, the court may order the debtor to fulfill a specific obligation or perform a particular act instead of awarding monetary damages. This type of abstract specifies the actions the debtor must take and provides details on the required performance. 3. Consent Judgment: When both parties involved in a legal dispute agree on the terms and conditions of the judgment, a consent judgment is issued. This abstract reflects the terms agreed upon, such as payment plans, property transfers, or any other negotiated agreements. It ensures compliance with the agreed settlement terms. District of Columbia Abstracts of Judgments are vital for the judgment creditor as they establish a legal claim against the debtor's assets. Once filed, these documents enable the judgment creditor to take further actions in enforcing the judgment, such as wage garnishment, bank account levies, or liens on the debtor's real property. In summary, a District of Columbia Abstract of Judgment is a legal document that summarizes the court's decision in a civil case, establishing a debt owed by the judgment debtor to the judgment creditor. The various types of abstracts include money judgments, specific performance judgments, and consent judgments.

A District of Columbia Abstract of Judgment is a legal document that serves as a record of a court's judgment or decision in a civil case. It is commonly used in the District of Columbia court system to ensure the enforceability and collection of judgments. This document provides a concise summary of the court's ruling, including the amount of money owed by the debtor (judgment debtor) to the creditor (judgment creditor). It is filed with the Superior Court of the District of Columbia to create a public record and establish a lien on the debtor's property. District of Columbia Abstracts of Judgments come in different types depending on the specific circumstances of the case: 1. Money Judgment: This type of abstract is issued when the court orders the debtor to pay a certain amount of money to the judgment creditor. It includes the principal amount, any accrued interest, and court costs. This abstract ensures that the judgment creditor has a legal claim to the debtor's assets to satisfy the debt. 2. Specific Performance: In certain cases, the court may order the debtor to fulfill a specific obligation or perform a particular act instead of awarding monetary damages. This type of abstract specifies the actions the debtor must take and provides details on the required performance. 3. Consent Judgment: When both parties involved in a legal dispute agree on the terms and conditions of the judgment, a consent judgment is issued. This abstract reflects the terms agreed upon, such as payment plans, property transfers, or any other negotiated agreements. It ensures compliance with the agreed settlement terms. District of Columbia Abstracts of Judgments are vital for the judgment creditor as they establish a legal claim against the debtor's assets. Once filed, these documents enable the judgment creditor to take further actions in enforcing the judgment, such as wage garnishment, bank account levies, or liens on the debtor's real property. In summary, a District of Columbia Abstract of Judgment is a legal document that summarizes the court's decision in a civil case, establishing a debt owed by the judgment debtor to the judgment creditor. The various types of abstracts include money judgments, specific performance judgments, and consent judgments.

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District of Columbia Abstract of Judgment