Get the free Notice of Satisfaction - Individual

This document serves as a formal notice indicating the satisfaction of a lien previously filed against a property. It contains essential details including the date of lien filing, amount, description

How to fill out notice of satisfaction

How to fill out Notice of Satisfaction - Individual

1. Obtain the Notice of Satisfaction form from your local authorities or online website.
2. Fill in your name and contact information at the top of the form.
3. Provide the details of the debt that has been satisfied, including the original creditor's name and account number.
4. Include the date when the debt was paid off.
5. Sign and date the form to certify that the information provided is accurate.
6. Submit the completed form to the appropriate court or agency responsible for records of the debt.

Who needs Notice of Satisfaction - Individual?

1. Individuals who have paid off a debt and want to formally document that it has been satisfied.
2. Borrowers who need to clear their credit reports of any outstanding debts.
3. Homeowners who need to show that a mortgage has been completely paid off.

Under District of Columbia Statute §38-117, a party who holds a lien must file a Notice of Satisfaction at the demand of the party satisfying the lien. Failure to release a lien after such a demand results in a statutory penalty of $50.00 and all damages that the party making the demand may have suffered as a result of the failure to file.

People Also Ask about

What is an EJ-130 form?

Tells the sheriff to take action to enforce a judgment. Used with instructions to the sheriff to levy bank accounts, garnish wages, or take possession of personal property.

What does satisfaction of judgment letter mean?

A satisfaction of judgment is a document signed by a judgment creditor and generally filed with the court, indicating that a judgment has been paid in full.

What is EJ 130?

A Writ of Execution (EJ-130) is a form you fill out and have issued by the clerk. It describes the details of the judgment. There is a fee. to have the writ issued. You need to get a writ before you can use any of the 5 collection methods listed below.

What does "notice of satisfaction" mean?

Notice of Satisfaction means a document or form approved by the Director or designee, which states that all outstanding civil penalties and costs have been paid in full, negotiated to an agreed amount, or resolved by a subsequent administrative or judicial decision.

Does EJ 100 need to be notarized?

You need to have your signature on form EJ-100 notarized. This means you sign in front of a notary.

What is the purpose of a writ of execution?

If you ignore a judgment, you give the creditor more power to collect what you owe without your input or protection. Creditors can start using enforcement tools like wage garnishment, bank levies, or property seizures, often with little notice.

For pdfFiller’s FAQs

What is Notice of Satisfaction - Individual?

The Notice of Satisfaction - Individual is a legal document filed to officially indicate that an individual has fulfilled their obligations under a specific agreement, typically regarding debt or other financial obligations.

Who is required to file Notice of Satisfaction - Individual?

Individuals who have completed their obligations under a contract or have paid off a debt are required to file the Notice of Satisfaction - Individual to confirm that the obligation has been satisfied.

How to fill out Notice of Satisfaction - Individual?

To fill out the Notice of Satisfaction - Individual, one must provide their personal information, details about the obligation being satisfied, and any relevant documentation that supports the completion of the obligation.

What is the purpose of Notice of Satisfaction - Individual?

The purpose of the Notice of Satisfaction - Individual is to record the completion of obligations, protect the individual's credit, and provide a formal acknowledgment to creditors or relevant parties.

What information must be reported on Notice of Satisfaction - Individual?

Information required on the Notice of Satisfaction - Individual typically includes the debtor's name, the creditor's name, specific details of the obligation being satisfied, dates, and the signature of the individual filing the notice.