Indiana Request to Release Judgment

State:
Indiana
Control #:
IN-037-SC
Format:
Word; 
Rich Text
Instant download

Description

This is a Request to Release Judgment to be used in the Small Claims Court for the State of Indiana. In this document, the Judgment Creditor requests that judgment granted in this cause be released due to satisfied judgment.

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FAQ

The debtor must get a discharge or release of the abstract of judgment to remove the lien from the home. Contact the judgment creditor shown on the abstract. Arrange to pay the debt in full or negotiate payments. Ask the creditor for a discharge if paying in full.

How Long Does a Judgment Stay on My Credit Report? In most cases, judgments can stay on your credit reports for up to seven years. This means that the judgment will continue to have a negative effect on your credit score for a period of seven years.

You may ask your judgment creditor to file a satisfaction of judgment form. The length of time gives to the creditor to file the form varies from state to state, but it is usually between 14 and 30 days after your request.

These judgment liens are generally valid for a period of 10 years after the judgment at which time they expire if no further action has been taken. Judgments themselves are good for 20 years. After 20 years, there is at least a presumption that the judgment has been paid.

A "motion" is simply a formal request to a court that it do something or decide an issue in favor of the party that asks for it. "Granted" means the court agreed with the request, and did or decided in favor of the requester.

A Satisfaction of Judgment or Release and Satisfaction is a legal document that shows that the plaintiff has been paid all that he or she is owed, based upon the original judgment against the defendant.

A motion to release is a legal filing made to ask a judge to issue a ruling that will result in the release of property or a person from custody.

If the judgment creditor does not immediately file an Acknowledgement of Satisfaction of Judgment (EJ-100) when the judgment is satisfied, the judgment debtor may make a formal written demand for the creditor to do so. The judgment creditor has 15 days after receiving the debtor's request to serve the acknowledgement.

Do not use illegal ways to collect your money. Encourage the debtor to pay you voluntarily. Be organized. Ask a lawyer or collection agency for help. Make sure you renew your judgment. Ask the court for help.

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Indiana Request to Release Judgment