Agreement Satisfaction With Judgment In Pima
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Good judgment is the ability to make considered decisions or come to sensible conclusions. It is a combination of personal virtues with knowledge and experience. It is the secret sauce that helps great people make the right choices even when others hesitate.
Definition: Satisfaction of debt means giving something to fulfill an existing legal or moral obligation. It is different from performance because it is always something given as a substitute or equivalent of something else.
A decision or opinion about someone or something that you form after thinking carefully: It proved difficult to come to/form/make a judgment about how well the school was performing. Synonyms. appraisal. assessment.
LEGAL FOUNDATION: SATISFACTION OF JUDGMENT IN PHILIPPINE LAW Upon judgment, once the defendant pays the amount adjudged, this effectively satisfies the monetary obligation in favor of the plaintiff.
Judgments may be classified as in personam, in rem, or quasi in rem. An in personam, or personal, judgment, the type most commonly rendered by courts, imposes a personal liability or obligation upon a person or group to some other person or group.
A certified copy of the judgment of any court in this state may be filed and recorded in the office of the county recorder in each county where the judgment creditor desires the judgment to become a lien on the real property of the judgment debtor.
“A confession of judgment is an acknowledgment that a debt is justly due and cuts off all defenses and right of appeal. It is used as a shortcut to a judgment in a case where the defendant concedes liability.
- A final and executory judgment or order may be executed on motion within five (5) years from the date of its entry. After the lapse of such time, and before it is barred by the statute of limitations, a judgment may be enforced by action.
