28-4075

28-4075. Installment payment of judgments; default

A. On due notice to the judgment creditor, a judgment debtor may apply to the court in which the judgment was rendered for the privilege of paying the judgment in installments, and the court may order and fix the amounts and times of payment of the installments without prejudice to any other legal remedy that the judgment creditor may have.

B. The director shall not suspend a license, registration or nonresident operating privilege and shall restore a license, registration or nonresident operating privilege suspended after nonpayment of a judgment if the judgment debtor gives proof of financial responsibility and obtains an order permitting the payment of the judgment in installments and while the payment of an installment is not in default.

C. If the judgment debtor fails to pay an installment as specified by the order, on notice of the default the director shall immediately suspend the license, registration or nonresident operating privilege of the judgment debtor until the judgment is satisfied as provided in this chapter.