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How many times can a Judgement be renewed in Oregon?

The judgment remedies for a judgment that are extended under the provisions of this section expire 10 years after the certificate of extension is filed. Judgment remedies for a judgment may be extended only once under the provisions of this section.

What does Judgement mean in legal terms?

A judgment is a court order that is the decision in a lawsuit. If a judgment is entered against you, a debt collector will have stronger tools, like garnishment, to collect the debt.

What does stipulation mean in a court case?

Stipulation generally means an agreement, a bargain, proviso, or condition. If the stipulation complies with an applicable statute or rule of court, it will be binding. A stipulation could mean a fact, promise, or provision in a contract agreed by two parties.

Is a settlement the same as a Judgement?

Essentially a judgment is an official decision made by the court that signifies that the plaintiff has won their court case. Settlements are not dictated by the court, but rather are an agreement by both parties regarding the outcome of the lawsuit.

Does a stipulated Judgement go on your credit report?

If they file the stipulated judgment with the court it will likely show up on your credit report and really is no better than if you had gone to trial and lost. The stipulated judgment is the creditors insurance policy only to be cashed in (filed with the court) if you default.

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