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This document is used to acknowledge the full satisfaction of a judgment entered in a court action, indicating that the obligations of the judgment have been met.
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How to fill out satisfaction of judgment
How to fill out satisfaction of judgment
01
Obtain the Satisfaction of Judgment form from the appropriate court or online.
02
Fill in the case number, names of the parties, and other required information.
03
Indicate the amount paid in satisfaction of the judgment.
04
Sign and date the form where indicated.
05
File the completed form with the court clerk.
06
Provide a copy of the form to the opposing party.
Who needs satisfaction of judgment?
01
Individuals or entities who have settled a judgment against them.
02
Debtors who want to formally acknowledge that a debt has been satisfied.
03
Creditors who wish to record the satisfaction of a judgment for their records.
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What is satisfaction of judgment?
Satisfaction of judgment is a legal document or statement indicating that a court judgment has been paid or fulfilled, thereby releasing the debtor from the obligation to pay the judgment amount.
Who is required to file satisfaction of judgment?
The creditor or the party who received the judgment is typically responsible for filing the satisfaction of judgment once the debt has been paid or fulfilled.
How to fill out satisfaction of judgment?
To fill out a satisfaction of judgment, you generally need to provide the case number, names of the parties involved, the amount of the judgment, and a statement confirming that the judgment has been satisfied. The document must then be signed and dated.
What is the purpose of satisfaction of judgment?
The purpose of the satisfaction of judgment is to formally confirm that the debtor has met their financial obligations according to the court's judgment, thereby clearing their name and preventing further collection actions.
What information must be reported on satisfaction of judgment?
The satisfaction of judgment should report the case number, the names and addresses of both the creditor and debtor, the original amount of the judgment, the date of payment, and any applicable interest or fees that were paid.
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