What is a judgment?

A judgment is a ruling by a court that decides the rights and responsibilities of parties in a civil lawsuit. In North Carolina, a judgment is a formal declaration that resolves the conflicting claims of the parties involved. A judgment generally sets forth the amount of damages or remedies that one party must pay to the other, as well as any other conditions set forth by the court. In the context of collection defense law in North Carolina, a judgment is typically a ruling in favor of a creditor, who is then granted the right to collect what is owed to them by the debtor. After a judgment has been made, the creditor may then take steps to collect the debt, such as garnishing wages or levying bank accounts.

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What is a judgment?

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