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A judgment is good for 10 years and Florida allows a creditor to renew a judgment before the expiration of the 10 years for an additional 10 years, thus giving a judgment almost unending life.
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.
Satisfaction of a judgment means that the judgment is no longer a lien on the debtors real property. The courts cannot control the actions of third parties, but usually, the fact of satisfaction is recorded by the major credit reporting agencies and included in the debtors credit history.
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.
Return to the Clerk of the Court that originally issued your judgment and ask for a Writ of Execution. Deliver the Writ to the sheriffs department for the county where the debtors property is located. Provide the sheriffs department with: A deposit to cover their fees and costs.
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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.
The Judgment may then be satisfied by the Clerk of Court upon the following conditions: * Payment of the full amount of the Judgment plus interest as well as court registry fees. (Fee for receiving money into the registry of the court - 3% of the first $500.00 plus 1.5% of the balance of the deposit.)
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.
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.
Once a judgment is paid, either in full or in an amount the judgment creditor agrees to accept as full payment, the judgment creditor must immediately file an Acknowledgement of Satisfaction of Judgment (EJ-100) with the court (California Code of Civil Procedure (CCP) 724.030).

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