Search results
Results from the WOW.Com Content Network
Usually lower statutory interest rates apply under the County Court (Interest on Judgment Debts) Order 1991, but this it excluded judgment debts on consumer credit agreements under the Consumer Credit Act 1974. So the bank wanted condition 8 to get the money it would have in interest even after someone had been unable to pay.
In Michigan, the Circuit Court is the trial court with the broadest powers in Michigan. In general, the Circuit Court handles all civil cases with claims of more than $25,000 and all felony criminal cases (cases where the accused, if found guilty, could be sent to prison).
Prejudgment attachment or Prejudgment writ of attachment allows recovery of money damages by levying a security interest on the property of the party paying money damages. A writ of attachment is filed to secure debt or claim of the creditor in the event that a judgment is rendered. [2]
State interest earnings averaged just $3.2 million a year between 2013 and 2021, before jumping to $76.4 million in 2022, records show. The boost to the general fund of more than $1 billion is the ...
A deficiency judgment is an unsecured money judgment against a borrower whose mortgage foreclosure sale did not produce sufficient funds to pay the underlying promissory note, or loan, in full. [ 1 ] The availability of a deficiency judgment depends on whether the lender has a recourse or nonrecourse loan , which is largely a matter of state law.
His attorneys say he faces ‘insurmountable difficulties’ days before Letitia James can start collecting
Savings interest rates today: Why earn peanuts when your post-shopping savings can earn up to 5.05% APY — Dec. 24, 2024 ... After increasing the target interest rate 11 times from March 2022 to ...
The bond required to obtain a stay of execution of a judgment while the judgment is being appealed is a supersedeas bond, also referred to as an appeal bond." [9] In Texas, the amount of a supersedeas bond (referred to as "security for judgments pending appeal" in the Texas Civil Practice and Remedies Code) is determined as follows: [10]