Payment Of Judgment In Middlesex
Description
Form popularity
FAQ
There are four major steps to collecting after a Massachusetts court judgment: Get a writ of execution. Locate the debtor's assets. Direct a deputy sheriff to seize the debtor's non-exempt assets. Have the sheriff sell off the debtor's non-exempt assets to satisfy the debt.
A judgment in any court of record in this state may be revived by proper proceedings or an action at law may be commenced thereon within 20 years next after the date thereof, but not thereafter.
The first step in judgment enforcement in New Jersey is obtaining a writ of execution which allows for the seizure of property to satisfy the judgment. This can include: Personal property such as cars and equipment. Business interest such as stocks.
A judgment can be fully satisfied by paying the judgment creditor (the person who has the judgment against you) in full and receiving from the creditor a Warrant of Satisfaction.
To set aside a default judgment, the defendant must demonstrate that its failure to answer or otherwise appear and defend was due to excusable neglect under the circumstances and that it has a meritorious defense either to the cause of action itself or the quantum of damages assessed.
