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After Losing a Judgment If a judgment has been entered against you, there are a few options available to you. These include paying the judgment, appealing the case, or filing a motion to rehear.
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.
The lien continues for 10 years unless the judgment is previously satisfied. History: En. Sec. 614, p.
Every so often, a property owner may miss this notice. A third party with interest may also be oblivious to it. Hence, to confirm the lien status on a property, interested parties may visit the relevant clerk and recorders office (the one located in the county where the property lies) to make inquiries.
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.
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Actions upon judgments. (1) Except as provided in subsections (3) through (5), the period prescribed for the commencement of an action upon a judgment or decree of any court of record of the United States or of any state within the United States is within 10 years.
Execution (or Writ of Execution)- If the winning party does not receive payments in a timely fashion or if no payment arrangement is made, the prevailing party may ask the Court to issue an execution. An execution is an order to the Sheriff or levying officer to assist the collection process.
Actions upon judgments. (1) Except as provided in subsections (3) through (5), the period prescribed for the commencement of an action upon a judgment or decree of any court of record of the United States or of any state within the United States is within 10 years.
The unpaid lien will stay on your credit report for 10 years after it is filed. After paying it off, it may stay on your credit history for up to seven years.
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.

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