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 West Virginia, a judgment is the final decision made by a judge or jury at the conclusion of a lawsuit. This decision determines the amount of money that the losing party, known as the judgment debtor, must pay to the winning party, or the judgment creditor. The judgment will include the principal amount owed, as well as any interest that accrues on that amount until it is paid in full. The rate of interest is determined by state law, which can be found in the West Virginia Code. Additionally, the judgment may include court costs and, in some cases, attorney fees if the court finds it appropriate and if such fees are provided for by statute or contract. Once entered, the judgment creditor has the right to collect the judgment amount from the judgment debtor, and various methods of collection are available under West Virginia law, such as wage garnishment, property liens, and bank account levies.