CT SB01211

Modifies the postjudgment interest rate cap to ten percent per year maximum, effective October 1, 2011.

Allows courts to order installment payments on money judgments against natural persons based on the judgment debtor's financial circumstances.

Permits courts to stay property execution and foreclosure for consumer judgments and hospital service judgments when installment payment orders are complied with.

Enables creditors to request ex parte orders for nominal installment payments without a hearing, though either party may later request modification after hearing.

Permits wage execution as the enforcement mechanism for default on installment payment orders, rather than contempt proceedings.