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All judgments must be in writing, and the court must mail copies to all parties. The judgment must clearly state the determination of the rights of the parties. The judgment is due and payable immediately after the judgment is rendered by the justice of the peace or a hearing officer in small claims court.
At a debtor's examination, the other side can ask you about your financial situation. They can ask things like where you work, what you earn, where you bank, and what property you own. They may also ask about what your spouse or registered domestic partner earns or owns.
The purpose of a Judgment Debtor's Examination is to obtain information about assets and other information relevant to the judgment debtor that may aid you in collecting the judgment. You may file a Petition in Support of Supplemental Proceedings with the court clerk.
A judgment debtor examination is a court proceeding created by law where the party who has obtained a judgment in court is entitled to ask questions of the person who owes that judgment. What do the questions cover? The questions are limited to inquiries about your property, assets, debts, and income.
A judgment will last 10 years on a credit report and can be renewed. Once a judgment has been paid in full, you should get a satisfaction of judgment signed by the creditor. Be sure you file this document with the court so it is reflected on your credit report.