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What are the three types of judgment?

A stipulated judgment, also known as a consent judgment, is an agreement between two parties that settles a court case. In the context of consumer law, a stipulated judgment is a court order requiring one party to pay the other a specific amount of money, usually on a payment plan.

What is an agreed judgement?

Judgment is a court decision that settles a dispute between two parties by determining the rights and obligations of each party. Judgments are classified as in personam, in rem, or quasi in rem. Judgments are usually monetary, but can also be non-monetary, and are legally enforceable.

What is the difference between an agreed judgment and a consent judgment?

When both parties agree, the judge will make a consent judgment, which is a settlement approved by the court. Although a settlement agreement may be legally binding, it can be more difficult to enforce. Once a consent judgment is in place, parties cannot disagree or dispute the agreement.

What does agreed judgment mean?

An agreed judgment is a settlement between parties that is approved by a judge and becomes a court judgment. It is like a contract that is acknowledged in court and binds the parties involved. A judgment is a courts final decision on the rights and obligations of the parties in a case.

What does a consent judgment mean?

A consent judgment (also known as a consent decree or a consent order ) is a judgment made by a judge with the consent of all the parties . It is not strictly a judgment , but rather a settlement agreement approved by the court .

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