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Satisfaction and release states that a consumer has paid the full amount of debt that was owed to a creditor under a court judgment. A satisfaction and release prevents creditors from attempting to recover more money from the borrower or consumer.
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.
How long does a judgment lien last in Washington? A judgment lien in Washington will remain attached to the debtors property (even if the property changes hands) for ten years.
What is a Judgement Release? A Satisfaction of Judgement is proof you paid what you owed. Without this document, it will be impossible to get a mortgage, secure a loan, buy a car, rent an apartment, or do anything else that requires you assume new credit. Without the form, collection efforts can also still continue.
To remove a lien you have to pay the judgment and get the judgment creditor to complete a docHubd Acknowledgment of Satisfaction of Judgment (EJ-100). Either party can eFile the form to the court. Then the judgment creditor or you have to record a certified copy of this form in the county where the property is.
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Step 1: Complete the Form. The Judicial Council form commonly used in this procedure is: Step 2: Make Copies. Make photocopies of your unsigned Acknowledgment of Satisfaction of Judgment (EJ-100). Step 3: docHub Your Forms. Step 4: Have your Acknowledgement Served. Step 5: Filing.
(a) When a money judgment rendered in a civil action in a court of this state is satisfied, the judgment creditor or the assignee of the judgment creditor shall file satisfaction and release of the judgment within 21 days after receipt of written demand therefor, sent by restricted mail as defined by K.S.A.
The Satisfaction of Judgment form should be signed by the judgment creditor when the judgment is paid, and then filed with the court clerk. Dont forget to do this; otherwise, you may have to track down the other party later. Its easy to get a copy of a Satisfaction of Judgment form.
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.
Civil judgments have a life span provided by state law. In Washington, a judgment lasts for 10 years and can be renewed at the end of that period. Therefore once you have a judgment entered against you it can last a long time and incur a large amount of interest.

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