Get the free SATISFACTION OF JUDGMENT - Circuit Clerk - circuitclerk

IN THE CIRCUIT COURT FOR THE SIXTEENTH JUDICIAL CIRCUIT DEKALB COUNTY, ILLINOIS Plaintiff(s), vs. Defendant(s). )))))))))) CASE NO.: SATISFACTION OF JUDGMENT Creditor, herein, by and through his/her

How to fill out satisfaction of judgment

How to fill out satisfaction of judgment:

1. Obtain the necessary forms: To begin the process of filling out a satisfaction of judgment, you will first need to obtain the appropriate forms. These forms can typically be found on your local court's website or obtained from the court clerk's office.
2. Provide case information: The satisfaction of judgment form will require you to provide specific case information, such as the case number, the names of the parties involved, and the date of the judgment. Make sure to accurately fill in all the requested information.
3. Indicate the amount paid: One of the crucial details in a satisfaction of judgment form is to indicate the amount that has been paid towards the judgment. This may include the original judgment amount, any interest accrued, and any additional fees or costs that were part of the judgment.
4. Attach proof of payment: In most cases, you will be required to attach proof of payment along with the satisfaction of judgment form. This could be in the form of a canceled check, a money order receipt, or any other relevant documentation that demonstrates the payment made.
5. Sign and date the form: Once you have completed all the necessary information and attached any required documents, sign and date the satisfaction of judgment form. By doing so, you are affirming the accuracy and completeness of the information provided.

Who needs satisfaction of judgment:

1. Judgment creditors: Satisfaction of judgment is primarily needed by the parties who have obtained a judgment against another party. This could be individuals, businesses, or organizations that have been awarded a judgment in a civil lawsuit or small claims court.
2. Judgment debtors: On the other hand, judgment debtors may also need a satisfaction of judgment to officially document the fulfillment of their financial obligations. This allows them to demonstrate that the judgment has been satisfied and potentially avoid any adverse impacts on their credit or legal record.
3. Legal professionals: Attorneys and other legal professionals involved in the enforcement or resolution of judgments may also require satisfaction of judgment forms. They may assist clients in completing the forms, obtaining necessary documents, and filing them with the court.

Note: The specific requirements for filling out a satisfaction of judgment may vary depending on your jurisdiction and the nature of the case. It is always advisable to consult with an attorney or seek guidance from your local court clerk to ensure compliance with the necessary procedures.

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What is satisfaction of judgment?

Satisfaction of judgment is a legal document filed to confirm that a debt or judgment has been fully paid or settled.

Who is required to file satisfaction of judgment?

The party who was owed the debt or judgment is typically required to file the satisfaction of judgment.

How to fill out satisfaction of judgment?

To fill out satisfaction of judgment, you will need to provide details of the judgment, the amount owed, and proof of payment.

What is the purpose of satisfaction of judgment?

The purpose of satisfaction of judgment is to officially acknowledge that a debt or judgment has been satisfied, allowing the involved parties to move on.

What information must be reported on satisfaction of judgment?

The satisfaction of judgment must include details such as the case number, amount owed, date of judgment, and date of satisfaction.