Fayetteville North Carolina Satisfaction of Judgment

• Category: North Carolina Civil Procedure - Judgments - Satisfaction
• State: North Carolina
• City: Fayetteville
• Control #: NC-0909-AA
• Format: Word; Rich Text

Description

This is a satisfaction of judgment which indicates that a judgment has been paid in full, including all fees, costs and interest. It acknowledges full and complete satisfaction of the judgment and directs that the judgment be marked as paid in full. Fayetteville, North Carolina Satisfaction of Judgment is a legal document that signifies the resolution of a judgment against a debtor in Fayetteville, North Carolina. This document ensures that the judgment has been fully satisfied, meaning the debtor has fulfilled their obligations as required by the court. In the case of Fayetteville North Carolina Satisfaction of Judgment, there are two main types: 1. Voluntary Satisfaction of Judgment: This type occurs when the debtor willingly settles the judgment with the creditor, usually by paying the owed amount, including interest and possibly any additional fees or penalties. Once the payment has been received, the debtor files the Voluntary Satisfaction of Judgment with the appropriate court, indicating that the debt has been fully settled. 2. Involuntary Satisfaction of Judgment: This type occurs when the debtor fails to voluntarily satisfy the judgment within the specified timeframe or does not comply with the court's orders. In such cases, the creditor can take additional legal action to enforce the judgment. This may involve wage garnishment, seizing assets, or placing liens on the debtor's property. Once the judgment is satisfied through these means, the creditor files an Involuntary Satisfaction of Judgment with the court to indicate that the debt has been paid through the enforced measures. Keywords: Fayetteville, North Carolina, Satisfaction of Judgment, legal document, resolution, judgment, debtor, obligations, court, fully satisfied, Voluntary Satisfaction of Judgment, debtor, creditor, owed amount, interest, fees, penalties, payment, Involuntary Satisfaction of Judgment, timeframe, court's orders, legal action, enforce, wage garnishment, assets, liens, property, enforced measures.

Fayetteville, North Carolina Satisfaction of Judgment is a legal document that signifies the resolution of a judgment against a debtor in Fayetteville, North Carolina. This document ensures that the judgment has been fully satisfied, meaning the debtor has fulfilled their obligations as required by the court. In the case of Fayetteville North Carolina Satisfaction of Judgment, there are two main types: 1. Voluntary Satisfaction of Judgment: This type occurs when the debtor willingly settles the judgment with the creditor, usually by paying the owed amount, including interest and possibly any additional fees or penalties. Once the payment has been received, the debtor files the Voluntary Satisfaction of Judgment with the appropriate court, indicating that the debt has been fully settled. 2. Involuntary Satisfaction of Judgment: This type occurs when the debtor fails to voluntarily satisfy the judgment within the specified timeframe or does not comply with the court's orders. In such cases, the creditor can take additional legal action to enforce the judgment. This may involve wage garnishment, seizing assets, or placing liens on the debtor's property. Once the judgment is satisfied through these means, the creditor files an Involuntary Satisfaction of Judgment with the court to indicate that the debt has been paid through the enforced measures. Keywords: Fayetteville, North Carolina, Satisfaction of Judgment, legal document, resolution, judgment, debtor, obligations, court, fully satisfied, Voluntary Satisfaction of Judgment, debtor, creditor, owed amount, interest, fees, penalties, payment, Involuntary Satisfaction of Judgment, timeframe, court's orders, legal action, enforce, wage garnishment, assets, liens, property, enforced measures.