Ventura — Conditional Settlement Agreement for Judgment Creditor Cases – Small Claims

Source: https://ventura.courts.ca.gov/system/files/vn215.pdf

VN215

Calendar No: ______ Parties sworn in: Yes No Date: / / 20____

Ventura County Superior Court - Conditional Settlement Agreement for
Judgment Creditor Cases – Small Claims

The Parties to this action have reached a Settlement in Case # ________________________________________________

This agreement is binding and enforceable between the parties; however, it does not change the judgment. If any payment
called for under this agreement is not made, or not made on time, the judgment creditor may end the agreement and enforce the
judgment in any manner which the law permits.

Judgment Creditor: _______________________ Judgment Debtor: ___________________________

Judgment Creditor: _______________________ Judgment Debtor: ___________________________

THE PARTIES HAVE AGREED TO THE FOLLOWING:

Financial: In exchange for the judgment creditor’s promise not to enforce the judgment, as set out below,

______________________ agrees to pay ________________________ the sum of $ ________________

Each party will bear their own costs Judgment Debtor will pay costs in the amount of $ ____________

______________________________ agrees to accept payment from _____________________________

in full by _______________________, 20

in installments of: $ ______________ per ______________

First payment will be due on ____________________________

Subsequent payments will be due on ____________________ until balance is paid in full;

Payments will be made by: Personal Check Cashier’s Check Money Order

In exchange for the judgment debtor’s promise to make payments, as set out above, the judgment creditor
agrees to take no action to collect on the judgment (including without limitation, wage garnishment, bank
levy, or debtor’s examination) so long as the judgment debtor make these payments on time. Once the
judgment debtor has made all of the payments called for above, the judgment creditor will file with the court
an acknowledgment that the judgment is satisfied in full.

The parties agree to defer the examination of the judgment debtor, and therefore in the event the
judgment debtor should fail to make any payment under this agreement, the judgment creditor may apply
for a new order for examination at any time.

Judgment Creditor: _______________________________ Judgment Debtor: ___________________________

Judgment Creditor: _______________________________ Judgment Debtor: ___________________________

The parties understand that they should notify the court in writing of any changes of address until such time as
the terms as the terms of this agreement are fully performed.

Mediator Name: _____________________________________ Co-Mediator Name: _____________________________

Optional Form Ventura County Superior Court - Conditional Settlement Agreement for VN215 – Rev.7/09 Judgment Creditor Cases – Small Claims