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 Kansas, 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 the judgment creditor. This amount can include the principal sum, interest owed on the judgment amount at a rate specified by Kansas law, court costs, and potentially the attorney fees of the judgment creditor if such fees are recoverable under statute or contract. Once entered, the judgment is a matter of public record and creates a lien on the debtor's property. The judgment creditor can enforce the judgment through various means, such as wage garnishment, bank account levies, or property liens, to collect the debt owed. Kansas statutes provide the framework for the post-judgment interest rate, enforcement procedures, and the time frame within which the creditor must enforce the judgment before it becomes dormant.