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Basis for Getting a Judgment Removed You paid the debt: Credit agencies will remove the judgment from your credit report if you can show that you did pay your debt on time. If you paid your debt after the judgment was established on your credit report, the agency wont remove the judgment.
What does release of judgement mean?
A satisfaction of judgment, sometimes called a satisfaction and release, is an official document showing that a courts judgment has been fulfilled.
What does it mean when a Judgement is satisfied?
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.
What does release and satisfaction of judgement mean?
Pay the judgment creditor in full and have them sign an Acknowledgment of Satisfaction Of Judgment (see below section What To Do After The Judgment Is Paid). Take the Satisfaction to the court where the case was filed. File the Satisfaction with the clerk and request that the warrant be recalled.
What does a satisfaction of judgement mean?
A judgment release is a document signed by the creditor saying that you have met your legal obligation to pay the debt. This is often called a release of judgment, a satisfaction of judgment, or a release and satisfaction of judgment.
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What does acknowledgement of satisfaction of judgement mean?
When you are fully paid, you must fill out and file an Acknowledgment of Satisfaction of Judgment form. This is like a receipt for payment. The person who owed you money can use it to remove everything from their record that shows they owe you money.
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If the debtor has paid the judgment and all accumulated fees, costs and interest, the creditor is required to file an acknowledgment of satisfaction in the
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