How do you pay off a judgement?


Quick Answer

To pay off a judgment, one contacts the court clerk that issued the judgment to request the form that accompanies the payment and pays the creditor, making sure the payment is confirmed and a satisfaction of judgment issued, says The Nest. These steps assure the judgment is legally satisfied.

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Full Answer

By the time a judgment is issued against an individual, the creditor has already taken the case to court and won, according to The Nest. The judgment now appears on the individual's credit report, and the quickest way to have it removed is to pay the debt. If one ignores the judgment, there are fees that accrue over time, making the amount of the debt larger. By this point, it is important to deal with the creditor through the clerk of the court that issued the judgment to ensure that all legal proceedings are followed to clear the judgment.

If one cannot pay the judgment in full, he can petition the court to set an installment plan, documenting in the proper forms his urrent financial situation and the amount he can pay a month, advises The Nest. The court then passes on this proposition to the creditor for approval, and even if rejected by the creditor, a judge at that point may intercede in the individual's favor.

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