Prince George's, MD asked in Car Accidents for Maryland

Q: After judgement how long does it normally takes to get cash payment

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1 Lawyer Answer

A: The answer depends on the particular defendant and the presence or absence of insurance. If the defendant had insurance, then the insurance company is usually motivated to pay promptly. (In Maryland, interest accrues on judgments at a rate of 10%). If the defendant had no insurance then payment naturally depends on the defendant's assets, whether the defendant is "judgment proof" or has assets to collect/garnish. If the defendant has assets, payment by an individual defendant is not generally automatic but requires a plaintiff to do post-judgment discovery and collection work.

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