Albuquerque, New Mexico Satisfaction of Judgment refers to a legal process in which a party satisfies or fulfills a court-ordered judgment against them. It is a crucial step to bring closure to a legal dispute. This Satisfaction of Judgment serves as evidence that the defendant has complied with their legal obligations and met the terms outlined in the judgment. There are various types of Albuquerque, New Mexico Satisfaction of Judgment, each applicable to specific situations: 1. Civil Judgment Satisfaction: This type of Satisfaction of Judgment is commonly associated with civil lawsuits, where one party has been ordered by the court to pay a specific amount of money to the other party. Upon fulfilling the monetary obligation within the specified time frame, the defendant can obtain a Satisfaction of Judgment to clear the outstanding debt. 2. Criminal Judgment Satisfaction: This type of Satisfaction of Judgment typically occurs in criminal cases where the defendant has been ordered to pay fines, restitution, or other financial obligations. By meeting these requirements, the defendant can request a Satisfaction of Judgment to demonstrate compliance with the court's ruling. 3. Property Lien Satisfaction: In certain cases, a judgment may result in the placement of a lien on the defendant's property. Albuquerque, New Mexico Satisfaction of Judgment also encompasses the process of removing such property liens once the monetary obligations have been fulfilled. This guarantees the release of any encumbrances on the defendant's property. 4. Satisfaction of Judgment Removal: When a judgment has been satisfied, it is crucial to ensure that the record of the legal obligation is properly removed from public records. Parties involved may file a Satisfaction of Judgment Removal to prevent any potential negative impacts on credit scores, reputation, or future financial dealings. 5. Judgments/Orders from Administrative Agencies: Albuquerque, New Mexico Satisfaction of Judgment may also apply to judgments or orders issued by administrative agencies. If a party has been subject to an administrative action that includes financial obligations, they can seek satisfaction upon ensuring compliance with the issued judgment or order. In conclusion, Albuquerque, New Mexico Satisfaction of Judgment encompasses various processes through which parties can comply with court-ordered judgments and fulfill their legal obligations. Whether through the satisfaction of monetary claims, property lien removal, or compliance with administrative orders, satisfying a judgment is crucial to resolving legal disputes and moving forward.