What is a void judgment?
A void judgment is a legal ruling made by a court that is invalid or has no legal standing. This type of judgment is not recognized by the law in Alaska. A void judgment is not enforceable and therefore cannot be enforced by creditors. A void judgment can come about in a few ways. A creditor may bring a legal action against a debtor, but it could be found that the creditor did not have the legal rights to do so. Another situation is if the court does not have the proper jurisdiction, meaning the court does not have the right to hear the case or make a judgment. Finally, a void judgment may be issued if the court makes an error in calculating damages or awarding relief. Because void judgments are not legally binding, creditors can’t take advantage of them to gain payment from a debtor. A void judgment does not allow a creditor to seek payment from a debtor or his or her assets, such as wages or bank accounts. It also does not allow the creditor to place a lien on the debtor’s property. All of this means that if a creditor in Alaska brings an action against a debtor and the judgment is found to be void, the creditor cannot take any further action to recover its debt. The creditor would need to go back to the drawing board and file a new lawsuit, or seek a settlement with the debtor, in order to have any hope of collecting their debts.
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