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 Ohio, a judgment is the final decision made by a judge or jury at the conclusion of 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, as well as any interest that accrues on the judgment amount at a rate specified by Ohio law until the debt is paid in full. Additionally, the judgment may include court costs and, in some cases, attorney fees if the court finds it appropriate or if a contract or statute provides for the recovery of attorney fees. The judgment is an enforceable court order, and if the judgment debtor fails to pay, the judgment creditor may take steps to collect the debt, which can include wage garnishment, bank account attachment, or placing a lien on property.