Glossary entry

English term or phrase:

the judgement is paid

Polish translation:

zasądzona kwota została zapłacona

Added to glossary by Jacek Kloskowski
Apr 23, 2019 08:00
5 yrs ago
4 viewers *
English term

the judgement is paid

English to Polish Bus/Financial Law (general)
Electoral roll

Such information remains on your credit report for six years, even if the judgment is paid.
Proposed translations (Polish)
3 +1 zasądzona kwota została zapłacona
Change log

Apr 29, 2019 03:56: Jacek Kloskowski Created KOG entry

Proposed translations

+1
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zasądzona kwota została zapłacona

A court judgment is a legal order that makes a person or organisation liable for an amount of money. If someone feels they are owed money by another party they have the option to commence legal proceedings in an attempt to recover the amount outstanding.
(...)
Now we know a little more about court judgements, let me tackle the question “can they be removed from a credit report? The short answer is yes, in most cases a court judgement can be removed from a credit file.

The process of removing a court judgement from a credit file begins with having the plaintiff agreeing to sign a Notice of Discontinuance or Consent Order depending on the state the judgement was entered in. By signing this document the plaintiff is agreeing to formally discontinue their action, not an unreasonable request if the judgement is paid or the defendant can settle the debt. However this can be a very different matter if this is not the case. If the judgement is unpaid there’s very little chance the plaintiff will agree to discontinue their action. We find from experience that it can be beneficial if the defendant has not paid the judgement but is in a position to settle with the plaintiff at the time we approach them, nothing motivates a plaintiff more than the prospect of getting paid.

In most cases even if the judgement has been paid prior, the plaintiff will agree to sign the necessary documents, given they are approached in the right way of course.

http://visagegroup.com.au/can-court-judgements-be-removed-fr...
Peer comment(s):

agree Frank Szmulowicz, Ph. D.
1 hr
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