What does release of Judgement mean?

A judgment release is a document signed by the creditor saying that you have met your legal obligation to pay the debt. This is often called a release of judgment, a satisfaction of judgment, or a release and satisfaction of judgment. A judgment release is a form showing you have paid the original judgment.

What is a satisfaction and release of judgment in Illinois?

A Release and Satisfaction is a document stating that the judgment has been fully paid. This is also known as a Satisfaction of Judgment. The plaintiff must sign the document and you must then file with the circuit court clerk.

How do I record a satisfaction of judgment in California?

After you have been paid in full, you must file the form called Acknowledgment of Satisfaction of Judgment (EJ-100). If you recorded an Abstract of Judgment, you will have to name every county where you recorded the Abstract and sign the form in front of a notary public.

What does satisfaction and release of Judgement mean?

Satisfaction and release is the formal paperwork stating that a consumer has paid the full amount owed under a court judgment. A satisfaction and release proves that they have paid their debt and prevents creditors from trying to recover more money from them.

What is satisfaction of judgment in California law?

Once a judgment is paid, either in full or in an amount the judgment creditor agrees to accept as full payment, the judgment creditor must immediately file an Acknowledgement of Satisfaction of Judgment (EJ-100) with the court (California Code of Civil Procedure (CCP) 724.030).

How long does a Judgement stay on your record in Illinois?

Judgments, unless they fall into an exception below, live in 7 year installments. But with the right timing, a judgment can be enforced for 27 years.

What does release of Judgement mean?

A judgment release is a document signed by the creditor saying that you have met your legal obligation to pay the debt. This is often called a release of judgment, a satisfaction of judgment, or a release and satisfaction of judgment. A judgment release is a form showing you have paid the original judgment.

What does satisfaction of judgment letter mean?

Tells the court and others that a judgment has been paid in full or in part. Can be recorded with a county to release a lien against the judgment debtor's land or filed with the Secretary of State to release a lien against the debtor's personal property.

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Release Satisfaction Ofjudgment 4957 - Circuit Court Of Cook County - Cookcountycourt

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3308 4957 8011 Release Satisfaction ofJudgment Motion to Vacate Judgment Dismissed (Trial) (This form rqIws CCG4A) (Rev. 9/14/99) CCG 0500 IN THE CIRCUiT COURT OF COOK COUNTY, ILLINOIS plaintiff V.

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