The final decision made by the court to settle a lawsuit
A court often awards money judgments, which are payments for damages or claims that were presented in court. A creditor can also sue you and get a judgment that puts a lien on your property, so it can be sold to pay your debt. A judgment can be partially or completely changed, if you win an appeal.
Mortgage definitions and Real Estate Terms, Consolidating loans, refinancing mortgages and reverse mortgage process available to anyone. This consumer information site contains several tools and guides to aid in purchasing or refinancing a home or commercial property.