The evicted tenant says they can do monthly payments which would take 2.5 years to pay off the balance. However they will only make payments if I do not file the Abstract of Judgment. Can I file the Abstract of Judgment a year later or two later if they default on the payment plan?
Debt / Lending Agreements Lawyer
I don't know the answer to your specific question. The judgment itself is enforceable for 10 years. The abstract is meant to serve as notice of the judgment. If the debtor is trying to keep the judgment off of his credit reports, it does not matter what you do. The credit bureaus have people who read court records looking for judgments so they can be place them on the reports. No abstract is needed.
This comment is given for educational purposes only. No attorney-client relationship exists between us.
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While we don't have Abstracts of Judgment here in Maryland, once a judgment is filed, it will appear on the debtor's credit report.
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Patent Application Attorney
It is always dangerous to answer even a straight question with a straight answer, just because we're all working with very limited information, but generally speaking, you could file it later.
I'm not your attorney; my answer includes assumptions. If you want me to be your attorney, I'm easy to find.