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In general, a judgment creditor can apply for a writ of execution at any time within ten years after the court ordered the judgment. (See Renewal of Judgment on Page 17 of 21 below.) The judgment creditor must apply for a writ of execution in the same North Dakota county that ordered the judgment.
Judgment creditor. n. the winning plaintiff in a lawsuit to whom the court decides the defendant owes money. A judgment creditor can use various means to collect the judgment. The judgment is good for a specified number of years and then may be renewed by a filed request.
For example, a customer may seek a civil judgment against a company for a breached contract, or two neighbors may seek legal remedies in a property dispute. These types of judgments typically result in monetary compensation to the injured party, but they may also involve additional fines or penalties.
North Dakota follows federal law in terms of how much of your disposable income can be garnished by a creditor. Creditors can garnish whichever is less: 25% of your weekly disposable income, or. The amount by which your weekly income exceeds 40 times the federal minimum wage.
Judgment creditors usually record this kind of lien on property with title papers, such as a car or a business's assets. If, for example, you tried to sell your car, the lien would appear, and you'd have to pay off the judgment creditor before selling.
A judgment generally operates to settle finally and authoritatively matters in dispute before a court. Judgments may be classified as in personam, in rem, or quasi in rem.
(h) Default judgment When a default is entered, the party who requested the entry of default must obtain a default judgment against the defaulting party within 45 days after the default was entered, unless the court has granted an extension of time.
The pretrial types of judgments are as follows: Confession of Judgment, Consent Judgment, Default Judgment. And Summary Judgment. A Confession of Judgment is a judgment that is filed when the debtor admits that there is a debt and agrees the judgment may be entered against the debtor.