A Louisiana Judgment (Money) is a court order requiring a defendant to pay a specified sum of money to a plaintiff. Louisiana has two types of judgments for money: Default Judgment and Confession of Judgment. A Default Judgment is issued when the defendant has failed to appear in court or respond to a lawsuit. This type of judgment requires the defendant to pay the amount the plaintiff claims they are owed, plus court costs and interest. A Confession of Judgment is a voluntary agreement in which the defendant agrees to pay an amount of money to the plaintiff. This type of judgment is usually used when the parties have already agreed to the amount that the defendant will pay. Once the agreement is signed and filed with the court, the defendant will be required to pay the agreed amount. Both types of judgments are enforceable in Louisiana and can be used to collect money owed to the plaintiff. To enforce a judgment, the plaintiff must file a Writ of Fair Facial with the court. This document will allow the sheriff to take money from the defendant's bank account or attach a lien to any real estate owned by the defendant.
Louisiana Judgment (Money)
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Unless accepted, an offer of judgment shall remain confidential between the offeror and offeree. If the adverse party, within ten days after service, serves written notice that the offer is accepted, either party may move for judgment on the offer. The court shall grant such judgment on the motion of either party.
Money Judgments A money judgment rendered by a trial court prescribes by the lapse of ten years from its signing if no appeal has been taken, or, if an appeal has been taken, it is prescribed by the lapse of ten (10) years from the time the judgment becomes final.
Art. 2291. Money judgment; fieri facias. A judgment for the payment of money may be executed by a writ of fieri facias directing the seizure and sale of property of the judgment debtor.
Summary of practical steps to collect on Louisiana judgment: Record the judgment in parish land records. Tickle date to renew judgment. Determine the assets, income and debts of the debtor through a Judgment Debtor Examination. Request that the debtor bring documents to the Judgment Debtor Examination.
Summary of practical steps to collect on Louisiana judgment: Record the judgment in parish land records. Tickle date to renew judgment. Determine the assets, income and debts of the debtor through a Judgment Debtor Examination. Request that the debtor bring documents to the Judgment Debtor Examination.
Following a court ruling, judgment debtors must file a financial disclosure report listing their assets, or a judge may order a debtor to appear in court for a debtor's examination. You can collect on a judgment by filing a lien, seizing the debtor's assets or renewing the judgment.
What Happens if You Have a Judgment Against You in Louisiana? If a Louisiana court makes a ruling against a party, the losing party (judgment debtor) must adhere to the judgment. For monetary judgments, the debtor must pay the total amount to the other party (judgment creditor).