An abstract of judgment is a written summary of a court’s judgment (final decision made by the judge or jury) that reflects how much the party who lost a 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.

An abstract of judgment is usually filed in the county records and serves as notice of a lien or claim on any real estate (real property) owned or acquired by the judgment debtor in that county. If the judgment debtor does not pay the judgment, the judgment creditor may be able to force a sheriff’s sale of any real property in the county owned by the judgment debtor, with some or all of the proceeds of the sale being used to pay the judgment.

In Louisiana (LA), an abstract of judgment is a condensed version of a court's final decision, which outlines the debt owed by the losing party (judgment debtor) to the winning party (judgment creditor). This document includes the total amount due, interest rates on the judgment, court costs, and potentially the attorney fees that the judgment debtor is required to pay. Once the abstract of judgment is filed with the parish records where the property is located, it acts as a lien against the judgment debtor's real property within that parish. If the judgment debtor fails to satisfy the judgment, the judgment creditor may initiate a process to have the sheriff sell the debtor's real property in a sheriff's sale. The proceeds from this sale may then be used to fulfill the debt owed under the judgment. It's important to note that Louisiana law may have specific provisions regarding the execution of judgments, the creation of liens, and the sale of property, which can differ from other states due to its unique legal system based on civil law traditions.