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Tag Archives: § 8.01-454

Changes to § 8.01-454 Double Fines for Judgment Creditors Who Fail to Acknowledge Payments in a Timely Manner

In 2014, the Virginia General Assembly took steps to help ensure that judgment debtors are credited with payment in a timely manner. The reform to Va. Code § 8.01-454 raises the fine from $50 to $100 when judgment creditors fail to acknowledge with the court that a judgment debtor has made even a partial payment… Read More »

By Kristen L. Loesch | Published December 23, 2014 | Posted in Condominium & Homeowners Associations & Cooperative Law | Tagged , , | Leave a comment

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