Idaho Sample Letter for Authority to Enter Satisfaction of Judgment

State:
Multi-State
Control #:
US-0023LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

How to fill out Sample Letter For Authority To Enter Satisfaction Of Judgment?

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FAQ

A judgment lien in Idaho will remain attached to the debtor's property (even if the property changes hands) for five years.

A creditor must collect on the debt within five years after a court issues a judgment, although a creditor can renew a judgment for additional five year periods. If the creditor does not collect on or renew the judgment within the five year period, they cannot force the debtor to pay...

The creditor collects on a judgment through a "Writ of Execution" which directs a sheriff to seize the debtor's money, property, or real estate to pay the debt (in limited situations, money or property may be taken before a court enters a judgment).

Idaho's wage garnishment laws are the same as federal wage garnishment laws. For the most part, creditors with judgments can take only 25% of your wages. But in some cases, you could lose more to a garnishment.

The Amount of Money You Are Asking the Defendant to Pay The amount of money cannot be more than $5,000.00 (plus the cost of the filing fee and the cost of giving notice to the defendant). You cannot sue the defendant for more than $5,000.00 in small claims court.

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Idaho Sample Letter for Authority to Enter Satisfaction of Judgment