What is an outstanding judgement?

An outstanding judgment refers to a court decision or ruling that has not been satisfied or resolved. This can be due to various reasons, such as non-payment of a financial settlement, failure to comply with a court order, or refusal to adhere to the terms of the judgment.

Outstanding judgments can have serious consequences for the party involved, as they can lead to penalties, interest accruing on the unpaid amount, and potential legal action to enforce the judgment. In some cases, outstanding judgments can also impact a person's credit score and ability to secure loans or other financial transactions.

It is important for individuals or entities with outstanding judgments against them to take appropriate steps to address and resolve the issue promptly, such as making payment arrangements, seeking legal advice, or negotiating a settlement with the other party. Failure to address outstanding judgments can result in further legal implications and complications.