This form is a sample acknowledgment by the defendant that the plaintiff has satisfied a ruling in favor of the defendant.
Satisfaction of Judgment for Civil Trial
State:
Multi-State
Control #:
US-PI-0065
Format:
Word;
Rich Text
Instant download
Description Judgment Civil Form
How to fill out Satisfaction Judgment Form Printable?
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Civil Defendant Plaintiff FAQ
Once a judgment is paid, whether in installments or a lump sum, a judgment creditor (the person who won the case) must acknowledge that the judgment has been paid by filing a Satisfaction of Judgment form with the court clerk.
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. In some states, judgments can stay on as long as ten years, or indefinitely if they remain unpaid.
Satisfied Judgments It means that your debt is either paid or settled. While you may not have completely paid off your debt in full, you can satisfy a judgment by making a new payment plan and paying what you and the lender agreed on.
What does 'satisfied' mean? If you see 'satisfied' against any items on your credit report, it indicates that your creditor has marked a default.If the creditor accepted an offer of final payment, i.e. less than the full amount owed, again this will be marked as 'partially satisfied.
Satisfaction of judgment. n. a document signed by a judgment creditor (the party owed the money judgment) stating that the full amount due on the judgment has been paid.
The Satisfaction of Judgment form should be signed by the judgment creditor when the judgment is paid, and then filed with the court clerk. Don't forget to do this; otherwise, you may have to track down the other party later. It's easy to get a copy of a Satisfaction of Judgment form.
A document signed by the party who is owed money under a court judgment (called the judgment creditor) stating that the full amount due on the judgment has been paid.
You may dispute a judgment on your credit report based on the following arguments: The Debt Was Paid. The credit agencies will remove the judgment from your credit report if you can show that you did, in fact, pay your debt on time.
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.
The Satisfaction of Judgment form should be signed by the judgment creditor when the judgment is paid, and then filed with the court clerk. Don't forget to do this; otherwise, you may have to track down the other party later.
