What does stipulation mean in divorce?

What does stipulation mean in divorce?

A \u201cstipulation\u201d is an agreement between two parties that is submitted to the judge for approval. It eliminates the need to go to court and have a judge decide an issue. A written \u201cStipulation and Order\u201d includes the parties’ agreement, both of their notarized signatures, and the judge’s signature.

Can I negotiate my debt?

Generally, you can negotiate the best settlement on a debt if you can come up with a lump sum amount to resolve the debt. If you agree to a payment plan, you will likely pay more over time. If you do agree to a payment plan, make sure you understand the total amount you will pay.

How long does a Judgement stay on your record in California?

10 years

Can judgment creditor take my car?

When a judgment has been entered against you, creditors can take some of your income or your “assets” to pay back the money you owe. Assets are things you own, like a bank account, a car, or jewelry. But, you can keep some of your income and assets safe from most creditors.

Can you be forced to pay a Judgement?

However, in most states, the judge can order the judgment debtor to pay the award in installments over time if requested. A judgment debtor who fails to ask for time payments in court at the time of trial might make this request after receiving the judgment.