(1) 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.
(2) The department 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 in default.
(3) In the event the judgment debtor fails to pay any installment as specified by such order, then upon notice of such default, the department 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.
History.—s. 1, ch. 29963, 1955; ss. 13, 35, ch. 69-106.
Structure Florida Statutes
Chapter 324 - Financial Responsibility
324.021 - Definitions; Minimum Insurance Required.
324.022 - Financial Responsibility for Property Damage.
324.023 - Financial Responsibility for Bodily Injury or Death.
324.031 - Manner of Proving Financial Responsibility.
324.032 - Manner of Proving Financial Responsibility; For-Hire Passenger Transportation Vehicles.
324.051 - Reports of Crashes; Suspensions of Licenses and Registrations.
324.061 - Security Deposited With Department of Highway Safety and Motor Vehicles; Release.
324.071 - Reinstatement; Renewal of License; Reinstatement Fee.
324.072 - Proof Required Upon Certain Convictions.
324.081 - Nonresident Owner or Operator.
324.091 - Notice to Department; Notice to Insurer.
324.101 - Compliance Before License or Registration Allowed.
324.111 - Failure to Satisfy Judgment; Copy to Department.
324.121 - Suspension of License and Registration.
324.131 - Period of Suspension.
324.141 - Installment Payments.
324.151 - Motor Vehicle Liability Policies; Required Provisions.
324.161 - Proof of Financial Responsibility; Deposit.
324.181 - Cancellation of Liability Policies; Plan for Apportionment of Certain Applicants.
324.191 - Consent to Cancellation; Direction to Return Money or Securities.
324.201 - Return of License or Registration to Department.
324.211 - Sale by Owner During Suspension; Rights of Conditional Vendors, Mortgagees, and Lessors.