Can a judgement be paid in monthly installments?

Can a judgement be paid in monthly installments?

However, you may be able to negotiate a discount to the debt, in return for a lump sum payment. If a large payment isn’t financially possible, a stipulated judgments allows you to pay in monthly installments, shielding you from garnishment, levies and liens on your property.

What happens if I refuse to pay a judgement?

If you believe that the creditor has strong evidence against you, you can also settle the lawsuit at this point. This is your opportunity to negotiate a lower payment amount because when you contest the case, it is much more likely that the settlement will be favourable to you.

What happens when you pay a stipulated judgment?

If a large payment isn’t financially possible, a stipulated judgments allows you to pay in monthly installments, shielding you from garnishment, levies and liens on your property. “Most creditors are happy to do that, rather than get an uncollectible judgment,” said Martin Wegbreit, director of litigation at the Central Virginia Legal Aid Society.

How long does a tenant have to pay a rent demand?

A tenant is entitled to a rent demand which affords the tenant no less than three (3) days in which to pay the outstanding arrears (unless otherwise provided for in the lease and/or rider). Many commercial leases set forth a different notice period (from as little to three (3) days to as many as thirty (30) days).

When to use’proceed with the payment’or’proceed’?

The correct phrase would be “proceed with the payment,” not “proceed the payment.” When used as an active verb, “proceed” needs a preposition such as “from,” “to,” or “with.” However, when used passively (for example, “The meeting will proceed”), the verb can be used as is.

How to proceed with the payment of a package?

By entering the unique code you can proceed to the payment of your package. The provisions of paragraph 4 shall not apply where the proceeds of the payment are made available to the beneficiary by the end of the second business day following acceptance. You will then be redirected to the PayPal website to proceed with the payment.

What is the anatomy of a nonpayment proceeding?

ANATOMY OF A NONPAYMENT PROCEEDING I RENT DEMAND Prior to filing a complaint (known as a Petition) against a tenant in Housing Court for nonpayment of rent, the tenant is entitled to a predicate notice, commonly known as the Rent Demand.

Can a rent demand be given orally to a tenant?

While a Rent Demand may be given orally to the tenant, it is advisable to do so in writing with service by a process server. See Section III infra. If the Rent Demand is improper, any proceeding commenced based on that Rent Demand will be defective, resulting in a dismissal of the case.