Idaho Judgment
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How to fill out Judgment?
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FAQ
For collection of a debt on an account, where there is an agreement in writing, the statute of limitations is five years. (Refer to §5-216.) For collection of a debt on an account, where there is an oral agreement, the statute of limitations is four years. (Refer to §5-217.)
The creditor collects on a judgment through a "Writ of Execution" which directs a sheriff to seize the debtor's money, property, or real estate to pay the debt (in limited situations, money or property may be taken before a court enters a judgment).
A lien resulting from a judgment continues for ten years. Idaho Code § 10-1110. The judgment may be renewed and the lien continued for an additional ten years.
A judgment lien in Idaho will remain attached to the debtor's property (even if the property changes hands) for five years.
[x] There are three underlying conditions that require the court to enter default against a party: (1) proper service on the party (2) who has failed to plead or otherwise defend (3) within the time for doing so.
Action on oral contract. Within four (4) years: An action upon a contract, obligation or liability not founded upon an instrument of writing.
(2) The legal rate of interest on money due on the judgment of any competent court or tribunal shall be the rate of five percent (5%) plus the base rate in effect at the time of entry of the judgment.
A lien resulting from a judgment continues for ten years. Idaho Code § 10-1110. The judgment may be renewed and the lien continued for an additional ten years. Idaho Code § 10-1111.