Money Judgment

A money judgment is a court’s formal decision that orders one party to pay a specified sum of money to another party. This judgment typically arises from a civil lawsuit in which the court determines that one party owes a debt or damages to the other. Once issued, a money judgment can be enforced through various legal means, such as garnishing wages, seizing assets, or placing liens on property. The judgment remains in effect until the debt is fully paid or otherwise resolved, and it can accrue interest over time.