The Pennsylvania Agreement to Revive Judgment is a legal document that allows a creditor to revive a judgment that has been dormant, or in default, for more than five years. This agreement is used in the state of Pennsylvania to reinstate a previously-rendered judgment that has been dormant for an extended period of time. The agreement provides a way for creditors to collect on the judgment, even if the debtor has moved out of the state. There are two types of Pennsylvania Agreement to Revive Judgment: a reviver agreement and a revival agreement. A reviver agreement is used when a creditor has obtained a judgment against a debtor more than five years ago, and the judgment is still unpaid. A revival agreement is used when a creditor has obtained a judgment against a debtor within the past five years, and the judgment has become dormant due to non-payment. In either case, the agreement must be signed by both parties and filed with the court for it to be valid and enforceable. The agreement must include the details of the debt, the amount of the judgment, the date of the agreement, the parties involved in the agreement, and the terms of repayment. The agreement must also be signed by a notary public. Once the agreement is filed, the judgment will be reinstated and the creditor may begin to collect on the debt.
Pennsylvania Agreement to Revive Judgment
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