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This document serves as a formal acknowledgment of the release of a judgment between the Plaintiff and Defendant in a legal case, following a settlement agreement. It includes details about the original judgment, the amount paid by the Defendant, and the signatures of the involved parties.
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How to fill out release of judgment
How to fill out release of judgment
01
Obtain the release of judgment form from the court or relevant authority.
02
Fill in your personal information, including your name and address.
03
Provide details of the judgment, such as the case number and date of judgment.
04
Include information about the creditor and the amount of the judgment.
05
Sign and date the form, certifying that the information is accurate.
06
Submit the completed form to the appropriate court or office, along with any required fees.
07
Keep a copy of the submitted form for your records.
Who needs release of judgment?
01
Individuals or businesses who have had a judgment against them that has been satisfied or vacated.
02
Borrowers looking to improve their credit report after settling debts.
03
People seeking to clear their legal record after resolving a debt dispute.
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What is release of judgment?
A release of judgment is a legal document that formally removes a judgment lien or debt obligation recorded against a debtor, indicating that the debtor has fulfilled their obligations or agreed to a resolution.
Who is required to file release of judgment?
The creditor who originally filed the judgment, or their representative, is typically required to file a release of judgment once the debt has been satisfied or settled.
How to fill out release of judgment?
To fill out a release of judgment, you should include the case number, the names of the parties involved, the court where the judgment was filed, and a statement indicating that the judgment has been satisfied or released, along with signatures and dates.
What is the purpose of release of judgment?
The purpose of release of judgment is to officially document that a judgment has been satisfied, thereby clearing the debtor's credit record and removing any related liens on their property.
What information must be reported on release of judgment?
The release of judgment must report the names of the debtor and creditor, the judgment details (case number, court), a statement of satisfaction, and any relevant dates or signatures.
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