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judgment debt

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judgment debt n. the amount of money in a judgment award to the winning party, which is owed to the winner by the losing party. (See: judgment, judgment creditor, judgment creditor)



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Through an aggressive system of asset location and confiscation using exclusive 24-hour electronic surveillance, this traditional contingency-based service collects close to 40 percent of all older judgment debts and nearly 20 percent on "skips" or non-adjudicated debts--sometimes years after an eviction.
Once a county court judgment debt has been paid off, you should apply to the court for a certificate of satisfaction to be added to your court file- which will then go on the credit reference agencies' files.
There is neither statutory nor constitutional justification for the release of the 150 million dollars now in escrow to pay the judgment debt of the Marcos estate," the Sandiganbayan ruled in its 32-page resolution.
 
 
 
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