A court judgement was rendered against a county in which they were ordered to pay $500,000 in equal installments over a five-year period to the plaintiff. The county's general fund will be $100,000 in 1year.
Court Judgement
A court judgement is the official outcome of a case. In debt collection litigation, the judge may issue a judgment against you to the creditor or debt collector. If you: 1)Ignore the lawsuit, you will very certainly have a judgment filed against you for the amount claimed in the action.
2)Failure to answer to the case on time.
In addition, the judge may give you additional fees to pay collection costs, interest, and even attorney fees.
The county's general fund will be $500,000[tex]\div[/tex]5
= $100,000
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