A Release of Judgment Lien is a legal document that releases a creditor's claim on a property or asset, typically after the debt has been fully satisfied or settled. In the state of Oregon, creditors use the Release of Judgment Lien — By Creditor to acknowledge that the judgment lien against a debtor's property is now being released. This document serves as proof that the creditor no longer holds any legal claim on the property and that the debtor is no longer burdened by the judgment lien. Key elements contained within the Oregon Release of Judgment Lien — By Creditor include the names and contact information of both the creditor and debtor, as well as the details of the original judgment lien. These details may include the case or judgment number, the court where the judgment was entered, and the date of the original judgment. Additionally, the specific property or assets that were subject to the lien should be clearly mentioned. There are typically no variations of the Oregon Release of Judgment Lien — By Creditor as it is a standard legal document used to release judgment liens in the state. However, it is crucial to ensure that the document meets all the specific requirements set by the Oregon Revised Statutes (ORS). These requirements may include specific formatting, language, or additional information that must be included in the release. In summary, the Oregon Release of Judgment Lien — By Creditor is a legal document that allows a creditor to formally release their claim on a debtor's property or asset. It serves as proof that the judgment lien has been satisfied and that the creditor has no further rights or interests in the property. Adhering to the guidelines outlined in the Oregon Revised Statutes is essential to ensure the validity and enforceability of the release.
Oregon Release of Judgment Lien - By Creditor
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How to fill out Oregon Release Of Judgment Lien - By Creditor?
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