Indiana. Post Judgment Payment Agreement (PDF)Opens a New Window. Is a document used by a defendant in a civil case to request the court to enter an agreement with him or her to pay a certain amount of money to the plaintiff in the case. The agreement is an alternative to the traditional judgment and execution process. It sets a payment plan that is agreed upon by both parties. The defendant agrees to pay the plaintiff the amount specified in the agreement and the plaintiff agrees to accept the payments as full satisfaction of the judgment. The agreement also contains the terms and conditions of the payment plan, such as the payment amount, payment interval, payment due date, and interest rate. The agreement must be signed by both parties and approved by the court before it is effective. There are two types of Indiana. Post Judgment Payment Agreement (PDF)Opens a New Window.: (1) Installment Agreement and (2) Lump-Sum Agreement. The Installment Agreement allows the defendant to pay the amount of the judgment in installments over a period of time, whereas the Lump-Sum Agreement requires the defendant to pay the entire amount of the judgment at once.
Indiana . Post Judgment Payment Agreement (PDF)Opens a New Window.
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FAQ
In Indiana, the statute of limitations by judgment is ten years, but it can be renewed, further extending the collection period. This means once a creditor makes a charge against the debtor, the judgment is collectible for up to ten years.
Yes, a lien may be placed on property that is jointly owned. However, the effects of that lien depend on the type of ownership that the property is under.
Code 35-50-5-3 governs criminal restitution orders and provides that an order ?is a judgment lien?.? Indiana case law holds that a restitution judgment is the practical equivalent of a civil money judgment and can be enforced in the same manner. By statute, a judgment lien expires after ten years.
In Indiana, the statute of limitations by judgment is ten years, but it can be renewed, further extending the collection period. This means once a creditor makes a charge against the debtor, the judgment is collectible for up to ten years.
If a defendant has failed to timely file an answer, to appear when summoned, or otherwise fail to plead, the plaintiff may file a request for a default judgment in their favor.
Assuming you have the date of birth and social security number for the debtor, you can try to get a garnishment in place against the wages of the person who owes you money. If you don't have their employer information, you can submit a request filed by the court to find out where they work.
If the judgment is not paid as ordered the court may modify its payment order as it deems necessary. The judgment creditor may seek enforcement of his judgment by any other method provided by law.