Idaho Sample Letter for Abstract of Judgment
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How to fill out Sample Letter For Abstract Of Judgment?
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FAQ
The Amount of Money You Are Asking the Defendant to Pay The amount of money cannot be more than $5,000.00 (plus the cost of the filing fee and the cost of giving notice to the defendant). You cannot sue the defendant for more than $5,000.00 in small claims court.
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.
Idaho's wage garnishment laws are the same as federal wage garnishment laws. For the most part, creditors with judgments can take only 25% of your wages. But in some cases, you could lose more to a garnishment.
