Wyoming Partial Release of Judgment Lien

State:
Multi-State
Control #:
US-OG-543
Format:
Word; 
Rich Text
Instant download

Description

This is a form of a Partial Release of Judgment Lien.

A Wyoming Partial Release of Judgment Lien is a legal document that allows a judgment creditor to release a portion of their claim or interest on a property subject to a judgment lien. This type of release is typically granted when the judgment debtor agrees to make a partial payment towards the outstanding judgment amount. In Wyoming, there are several types of Partial Release of Judgment Liens available: 1. Voluntary Partial Release: This occurs when the judgment creditor willingly agrees to release a portion of the judgment lien upon receiving a partial payment from the judgment debtor. It is a mutual agreement between both parties involved in the judgment. 2. Stipulated Partial Release: In some cases, the judgment creditor and debtor may enter into a stipulated or agreed-upon partial release. This means that both parties negotiate and come to a mutually acceptable payment arrangement to release a certain portion of the judgment lien. 3. Court-Ordered Partial Release: If the judgment debtor is unable to reach an agreement with the judgment creditor, they may seek a court ruling for a partial release. The court will evaluate the circumstances and determine the amount of the lien to be released based on the debtor's ability to pay. Keywords: Wyoming, partial release of judgment lien, types of partial release, voluntary partial release, stipulated partial release, court-ordered partial release.

A Wyoming Partial Release of Judgment Lien is a legal document that allows a judgment creditor to release a portion of their claim or interest on a property subject to a judgment lien. This type of release is typically granted when the judgment debtor agrees to make a partial payment towards the outstanding judgment amount. In Wyoming, there are several types of Partial Release of Judgment Liens available: 1. Voluntary Partial Release: This occurs when the judgment creditor willingly agrees to release a portion of the judgment lien upon receiving a partial payment from the judgment debtor. It is a mutual agreement between both parties involved in the judgment. 2. Stipulated Partial Release: In some cases, the judgment creditor and debtor may enter into a stipulated or agreed-upon partial release. This means that both parties negotiate and come to a mutually acceptable payment arrangement to release a certain portion of the judgment lien. 3. Court-Ordered Partial Release: If the judgment debtor is unable to reach an agreement with the judgment creditor, they may seek a court ruling for a partial release. The court will evaluate the circumstances and determine the amount of the lien to be released based on the debtor's ability to pay. Keywords: Wyoming, partial release of judgment lien, types of partial release, voluntary partial release, stipulated partial release, court-ordered partial release.

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Wyoming Partial Release of Judgment Lien