The judgment is final decision made by the judge or jury that reflects how much the party who lost the lawsuit (the judgment debtor) owes the party who won the lawsuit (the judgment creditor)—including the rate of interest owed on the amount of the judgment until it is paid, the amount of court costs, and possibly the amount of the judgment creditor’s attorney fees the judgment debtor must pay as part of the judgment.
In Idaho, a judgment is the final decision made by a judge or jury in a lawsuit. It determines the amount of money that the losing party, known as the judgment debtor, must pay to the winning party, or judgment creditor. This amount can include the principal sum, interest at a rate specified by Idaho law, court costs, and potentially the attorney fees of the judgment creditor if applicable under the law or by agreement of the parties. Interest on judgments in Idaho accrues at the statutory rate from the date of entry of the judgment until it is paid in full. The judgment is enforceable for a period of ten years and can be renewed for additional ten-year periods. The process of collecting on a judgment is governed by Idaho statutes, which provide various methods of collection, including wage garnishment, bank levies, and property liens.