§ 32:895 — Installment payment of judgments; default

§895. Installment payment of judgments; default
A. A judgment debtor upon due notice to the judgment creditor may
apply to the court in which such judgment was rendered for the privilege of
paying such judgment in installments and the court, in its discretion and
without prejudice to any other legal remedies which the judgment creditor may
have, may so order and fix the amounts and times of payment of the
installments.
B. The commissioner shall not suspend a license, registration or a
nonresident's operating privilege, and shall restore any license, registration or
nonresident's operating privilege suspended following nonpayment of a
judgment, when the judgment debtor gives proof of financial responsibility and
obtains such an order permitting the payment of such judgment in installments,
and while the payment of any said installment is not a default.
C. In the event the judgment debtor fails to pay any installment as
specified by such order, then upon notice of such default, the commissioner
shall forthwith suspend the license, registration or nonresident's operating
privilege of the judgment debtor until such judgment is satisfied, as provided
in this Chapter.

Legislative History

Acts 1952, No. 52, §16.