New York Partial Satisfaction of Judgment (Suffolk) is a legal process that allows a creditor or party to a court judgment to receive a portion of the money owed before the full amount of the judgment has been paid. A partial satisfaction of judgment is a partial payment of the debt and is usually accepted by the creditor as full satisfaction of the debt. There are two types of partial satisfaction of judgment in Suffolk County, New York: voluntary partial satisfaction and involuntary partial satisfaction. Voluntary partial satisfaction is when the judgment creditor agrees to accept a partial payment of the judgment as full and final payment. Involuntary partial satisfaction occurs when the court orders that a portion of the judgment be satisfied before the full amount of the judgment is paid.
New York Partial Satisfaction of Judgment (Suffolk) is a legal process that allows a creditor or party to a court judgment to receive a portion of the money owed before the full amount of the judgment has been paid. A partial satisfaction of judgment is a partial payment of the debt and is usually accepted by the creditor as full satisfaction of the debt. There are two types of partial satisfaction of judgment in Suffolk County, New York: voluntary partial satisfaction and involuntary partial satisfaction. Voluntary partial satisfaction is when the judgment creditor agrees to accept a partial payment of the judgment as full and final payment. Involuntary partial satisfaction occurs when the court orders that a portion of the judgment be satisfied before the full amount of the judgment is paid.
