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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.
Pay directly to the creditor Mail or deliver a check or money order to the Judgment Creditor. Make sure to keep proof of payment, such as your canceled check. Once the Judgment Creditor receives your payment, ask them to file the form Acknowledgment of Satisfaction of Judgment with the court within 14 days.
A satisfaction of judgment is a document signed by a judgment creditor and generally filed with the court, indicating that a judgment has been paid in full.
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.
Definition. A life satisfaction judgment is the assessment a person makes of how well his or her life is going overall. Life satisfaction judgments figure centrally in well-being theories of philosophers and psychologists.