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A creditor wishing to have a judgment of a Louisiana court made executory, as provided in Article 2781, may file an ex parte petition complying with Article 891, with a certified copy of the judgment annexed, praying that the judgment be made executory.
Heres how it works. In a civil court case, after a judge or jury hands down a verdict -- or after a court-approved settlement -- a judgment is entered by the court. As part of a typical judgment, the court orders the payment of money from one person to another.
Types of Judgments Confession of Judgment: The name in many respects says it all. Consent Judgment: The Consent Judgment is a companion to the Confession of Judgment. Default Judgment: A default judgment results from a defendants failure to respond to a Complaint.
What Is a Judgment? Judgment is a court decision, spelled out in a court order, that adjudicates a dispute between two parties by determining the rights and obligations of each party. A judgment may require monetary compensation or transfer of property from one party to another.
But after a judgement ruling, the creditor can take steps to seize part of your salary, freeze your bank account, or even haul away your belongings. It can also charge interest at a court-approved rate, typically in the range of 5 percent to 10 percent, until you pay up.
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Any judgment is presumed to be paid and discharged ten years after the judgment was rendered, however, a motion to extend judgment will renew the judgment for a period of ten years if sought within ten years from the initial judgment.
South Dakota judgments are also easily transcribed to additional counties where the judgment debtor may own real or personal property. A judgment is enforceable for a period of ten (10) years and may be renewed for an addition period of ten Page 2 2 (10) years. SDCL 15-16-7;15-16-35.
Judgments both domestic (in state) and foreign (out of state) have a limitations period of 10 years and if not the judgment is not renewed within the ten years, it becomes a nullity.
There are two types of judgments; judgments that are discriminating, and judgments that are evaluative. Judgments that are discriminating (i.e. I prefer X over Y) reflect personal preferences and subjective opinions.
In Louisiana, the statute of limitations for contracts whether oral or written is 10 years. Open accounts, like credit card agreements have a much shorter statute of limitations period of 3 years as do lawsuits, which are filed but not pursued.

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