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IN THE SUPERIOR COURT OF THE STATE OF WASHINGTON IN AND FOR THE COUNTY OF CLARKPlaintiff, vs. Defendant) )) )) )) )) ))No.JOINT STATUS REPORTPursuant to LR40(c)(4), Plaintiff and Defendant hereby
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Partial satisfaction of form refers to a declaration filed to indicate that a certain amount of a debt or obligation has been paid, but not in full. It serves as an official record of the payment made towards the total balance.
Typically, any individual or entity that has outstanding debts or obligations that have not been fully satisfied must file a partial satisfaction of form when they make a payment that reduces the owed amount.
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The purpose of the partial satisfaction of form is to document the payment history on a debt, ensure proper record keeping, and inform all involved parties that the debt has been partially satisfied, reducing the total amount owed.
The information that must be reported includes the names of the debtor and creditor, the original loan amount, the amount that has been paid, the remaining balance, the date of the payment, and any relevant transaction or identification numbers.
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