Judgements

Judgements

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What are Judgements?

A Judgement refers to a formal decision or order issued by a court regarding a debt-related dispute between parties.

When a creditor takes legal action against a debtor for non-payment of a personal or business debt, the court may issue a judgment if it finds in favour of the creditor. This judgment establishes the legal obligation of the debtor to repay the debt and outlines the terms of repayment.

The judgment can be used to enforce the debt through various means.

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