This is an Agreed Judgment. This is used after a Petition for Forfeiture has been filed and the parties have agreed to a cash settlement. The Sheriff's office agrees to pay a certain amount to the Defendant's attorney, while the rest is retained by the Sheriff's office. This form is applicable in all states.
Wake North Carolina Agreed Judgment refers to a legally binding agreement reached between two parties involved in a dispute, lawsuit, or legal proceedings in Wake County, North Carolina. This judicial resolution is commonly used to avoid a trial or further litigation and allows the parties to reach a mutual understanding and settlement. In Wake County, there are various types of Agreed Judgments that can be pursued depending on the nature of the case. These may include: 1. Divorce Agreed Judgment: In cases of divorce, when both parties reach a consensus regarding the division of property, assets, child custody, alimony, and other relevant matters, they can choose an Agreed Judgment to finalize their divorce without going to trial. This type of agreement saves time, expense, and emotional stress for the involved individuals. 2. Business Dispute Agreed Judgment: When two businesses or parties involved in a commercial dispute decide to resolve the matter through negotiation and compromise, they can opt for an Agreed Judgment. This way, they can avoid the complexities and uncertainty of a court trial while securing their rights and obligations as per the mutually agreed terms. 3. Personal Injury Agreed Judgment: In personal injury cases, if the injured party and the alleged at-fault party or insurance company reach an agreement on compensation without going to court, they can set the terms in an Agreed Judgment. This ensures that the injured party receives appropriate compensation while sparing both sides the time and expense of a potentially lengthy trial. 4. Property Dispute Agreed Judgment: When individuals or entities disagree over property rights, ownership, leases, or any other real estate-related matter, they can choose to resolve the dispute through an Agreed Judgment. This allows them to settle the issue through negotiation and compromise, avoiding the uncertainties of a court ruling. It is important to note that an Agreed Judgment should always be prepared and reviewed by legal professionals to ensure its compliance with Wake County, North Carolina laws. Once signed and approved by the court, the Agreed Judgment becomes legally binding, and both parties must adhere to its terms and conditions. In summary, Wake North Carolina Agreed Judgment is a legal mechanism that enables parties involved in various types of cases to reach a mutually acceptable resolution without undergoing a trial. It offers a valuable alternative to litigation, providing a quicker and less expensive way to settle disputes while ensuring compliance with the law.
Wake North Carolina Agreed Judgment refers to a legally binding agreement reached between two parties involved in a dispute, lawsuit, or legal proceedings in Wake County, North Carolina. This judicial resolution is commonly used to avoid a trial or further litigation and allows the parties to reach a mutual understanding and settlement. In Wake County, there are various types of Agreed Judgments that can be pursued depending on the nature of the case. These may include: 1. Divorce Agreed Judgment: In cases of divorce, when both parties reach a consensus regarding the division of property, assets, child custody, alimony, and other relevant matters, they can choose an Agreed Judgment to finalize their divorce without going to trial. This type of agreement saves time, expense, and emotional stress for the involved individuals. 2. Business Dispute Agreed Judgment: When two businesses or parties involved in a commercial dispute decide to resolve the matter through negotiation and compromise, they can opt for an Agreed Judgment. This way, they can avoid the complexities and uncertainty of a court trial while securing their rights and obligations as per the mutually agreed terms. 3. Personal Injury Agreed Judgment: In personal injury cases, if the injured party and the alleged at-fault party or insurance company reach an agreement on compensation without going to court, they can set the terms in an Agreed Judgment. This ensures that the injured party receives appropriate compensation while sparing both sides the time and expense of a potentially lengthy trial. 4. Property Dispute Agreed Judgment: When individuals or entities disagree over property rights, ownership, leases, or any other real estate-related matter, they can choose to resolve the dispute through an Agreed Judgment. This allows them to settle the issue through negotiation and compromise, avoiding the uncertainties of a court ruling. It is important to note that an Agreed Judgment should always be prepared and reviewed by legal professionals to ensure its compliance with Wake County, North Carolina laws. Once signed and approved by the court, the Agreed Judgment becomes legally binding, and both parties must adhere to its terms and conditions. In summary, Wake North Carolina Agreed Judgment is a legal mechanism that enables parties involved in various types of cases to reach a mutually acceptable resolution without undergoing a trial. It offers a valuable alternative to litigation, providing a quicker and less expensive way to settle disputes while ensuring compliance with the law.