Remitting is just a fancy way of saying that the appeal is now concluded and the case is sent back to the Superior Court.
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What have you got to lose if you really believe it was an unfair judgement. Maybe the other party is still willing to settle for less rather than having to wait.
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From your question, it appears you were the plaintiff in small claims. If the judge ruled against you, you have no right to appeal. (Code Civ. Proc., section 116.710, subd. (a).) If you sued the defendant, then he sued you back, and judge ruled in favor of the defendant on the cross-claim, then you have the right to appeal. As stated above, you cannot bring new defendants in on appeal. In small claims, the appeal is very informal, similar to the small claims court hearing. The...
Small claims is essentially the trial court with one judge who hears the evidence and no attorney present. Small claims appeals is a three judge panel who review the evidence already submitted and rule on issues of law.
If you cannot pay, maybe you can still negotiate with the other party?