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Liquid Latitude Help
Award a Judgment
Use the Judgment tab to award judgment on the account. You cannot award a judgment until you specify a judgment spread. For more information, see Spread Judgment Award Amounts. You must have the Award/Reverse Judgment Permission and Judgment Award Bucket Mappings Permission.
To award a judgment
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In the Task Panel navigation tree, do one of the following:
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To add a court case, click New Court Case, specify a court case number, and then click Save.
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To modify a court case, click the court case number.
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Click the Judgment tab.
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Click Award Judgment. A confirmation dialog box appears.
Note: You cannot award the judgment until you specify a judgment spread.
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Click OK. The system populates the money buckets in the Previous Balance column on the Judgment tab with the spread amounts.
Note: Custodian updates the interest on the linked accounts in the judgment when the nightly process runs. However, you can update the interest immediately. For more information, see Update Interest on Linked Accounts in a Judgment.
Related Topics
Award/Reverse Judgment Permission