A judgment can get satisfied by a wage garnishment. A judgment can also be satisfied by a levy of property. An attorney can help you file the proper paperwork.
It means that a person or company got a court order or some other legal order directing you to pay. That is the judgment. Satisfying the judgment means that you have met all conditions of the judgment and it is no longer operative. For example, you were sued and lost, and a judge ordered you to pay x dollars for x years. When it's all paid, you have satisfied the judgment.
If the collection agency works in tandem with a law firm (which is the case most of the time) then the answer is yes. What does this mean? If a judgment is granted by a judge, then it is the age old saying, pay me now or pay me later. Anytime your credit is ran (over the next 20 years) then it will show and credit will not be granted until the judgment is satisfied. Keep in mind if a judgment is granted interest probably continues to accrue until satisfied. If at all possible, it is best to inter into a stipulation agreement with the firm and work it out.
Until the debt is satisfied in full or the garnisher recends the judgment order.
Yes. Then get a letter stating the debt was satisfied and photocopy it. Get a report from each reporting agency, dispute it saying it should say "satisfied"...attach a copy of the letter from court to your dispute letter. Attach the page of your report (photocopy) and highlight the item disputing. Include the case/account number in your dispute.
A judgment can get satisfied by a wage garnishment. A judgment can also be satisfied by a levy of property. An attorney can help you file the proper paperwork.
A judgment can get satisfied by a wage garnishment. A judgment can also be satisfied by a levy of property. An attorney can help you file the proper paperwork.
You should go to the court that issued the original judgment and inquire about a 'judgment satisfied' document that could be recorded in the land records.
The statement, "execution of judgment is stayed until final payment is received at which time judgment will be deemed satisfied" means that the judgment will be held against you until the debt is completely paid off. You can then get a letter of clearance to have the judgment removed from your credit report. Most debts will remain on a credit report for 7-10 years, even after they have been paid and satisfied.
To obtain proof that a judgment has been satisfied, you can request a satisfaction of judgment document from the court that issued the judgment. This document will show that the judgment has been paid in full or otherwise satisfied. You may need to provide this document to credit reporting agencies or other entities to update your records.
It means that a person or company got a court order or some other legal order directing you to pay. That is the judgment. Satisfying the judgment means that you have met all conditions of the judgment and it is no longer operative. For example, you were sued and lost, and a judge ordered you to pay x dollars for x years. When it's all paid, you have satisfied the judgment.
That means that the cross claimant in the lawsuit was granted a judgment against the cross defendant(s). If the judgment is not satisfied in full immediately, the property in jeopardy will be foreclosed upon.
This means that the defendants have an opportunity to make payment before the judgement is to be satisfied by the court officers. The person who lost the suit can pay before the judgement before their property starts being forfeited to settle the debt.
In most cases, it is the responsibility of the party who received the judgment to report to the court that it has been satisfied. However, it is advisable for the lawyer representing the party to ensure that all necessary documentation and notifications are provided to the court to confirm that the judgment has been satisfied.
Until it is satisfied or vacated.
This means that the final judgment cannot be heard until all financial obligations are met. This is mainly associated with lawsuits and court related cases.
Return to the court that ordered the judgment and present evidence that you have satisfied the debt. ALSO, while you're there, if you have satisfied the requirements of the judgment, ask the judge to find the creditor in Contempt of Court for failing to release you.