Kentucky Agreed Judgment of Forfeiture
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How to fill out Agreed Judgment Of Forfeiture?
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FAQ
What is an asset forfeiture money judgment? A: An asset forfeiture money judgment can be obtained when the proceeds or property involved in criminal activity cannot be located. In such cases, the Government establishes the value of the assets that would be subject to forfeiture.
Kentucky Wage Garnishment The most common remedy judgment-creditors use to enforce judgments is wage garnishment. Here, the judgment-creditor contacts the debtor's employer and require the employer to deduct a certain portion of the debtor's wages each pay period and send the money to the creditor.
[Provided that where such penalty is not paid and cannot be recovered in the manner aforesaid, the person so bound as surety shall be liable, by order of the Court ordering the recovery of the penalty, to imprisonment in civil jail for a term which may extend to six months.]
By posting a bond you are promising that the defendant will appear for all of their court appearances and obey all bond conditions. If the defendant fails to appear or breaks the conditions, you may lose any cash or property posted.
The Court shall record the grounds of such proof, and may call upon any person bound by such bond to pay the penalty thereof or to show cause why it should not be paid.
If the defendant is found guilty, the court will keep 10 percent (but not less than $5) of the amount you posted as a service fee. If the defendant is found not guilty, the full amount of the bond will be returned to you.
If the prisoner is admitted to bail, and fails to appear and surrender himself ing to the conditions of his bond, the judge, by proper order, shall declare the bond forfeited and order his immediate arrest without warrant if he be within this state.
(1) An action for breach of any contract for sale must be commenced within four (4) years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one (1) year but may not extend it.
