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  1. Vor 2 Tagen · Enforcing Judgments. It is a popular misconception that once the Court has ruled in your favour, and you have obtained judgment, the money owed to you will be paid by your opponent right away. While this is certainly the expectation, steps may need to be taken to enforce the terms of the judgment, and often a judgment debtor (the entity against ...

  2. Vor 4 Tagen · This decision confirms that a foreign judgment debt may constitute a "debt" for the purposes of a bankruptcy petition and although not covered in the judgment, it would appear likely that the same ...

  3. Vor 3 Tagen · New York law also provides tools for judgment execution. Under Section 5230 of the CPLR, a sheriff or other enforcement officer can directly execute on the property of a judgment debtor to satisfy ...

  4. Vor 20 Stunden · In terms of Section 35A(3), the Court shall not issue an order authorising execution against immovable property where the immovable property is used by the judgment debtor or by any other person as a primary home, unless the Court is satisfied, after holding an inquiry, that the sale of such immovable property is the most appropriate order to satisfy the judgment debt.

  5. Vor 5 Tagen · To that extent, observers are right to worry that judgment creditors will escape the effect of a sovereign debt restructuring. However, we also explain that, while they cannot modify a court’s judgment, a bondholder majority or supermajority still can modify the bond to impair a judgment holder’s ability to enforce a judgment. Using Venezuelan sovereign debt as an example, we illustrate ...

  6. Vor 5 Tagen · A judgment debt is a debt that a court has ordered to be paid. This means that a court has likely considered the merits of a claim and concluded that payment is due. This order means that the person who is owed money (the creditor) can pursue you, the person owing money (the debtor), for the debt.

  7. Vor 5 Tagen · Paralegal, Vanessa Swain, explains four steps available to a judgment debtor including paying the debt, doing nothing, negotiating and paying instalments.