Generally, a lienholder gives the debtor a document called a Warrant of Satisfaction upon payment of the debt secured by the lien. Most state laws require that this be done promptly upon payment. The Warrant is then filed in the same office the judgment lien was recorded so the office can mark the lien satisfied.
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.
If you have prof they are satisfied provide to title co.
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.
A judgment stays on your credit report until it is satisfied or proven falls in a court of law. The only way to remove it is to pay it off.
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.
You record a release of the lien. The evidence of the lien and its release stay on record forever. Obtain a copy of the release from the court and then send it to each of the credit reporting companies. Eventually, they will place a paid note onto your record. Keep the copy with your permanent records. Clarification: Credit reporting companies do not release the lien in the land records. In addition to notifying them that the judgment is satisfied you must arrange to have the release recorded in the land records. The recording of the release will clear the title to your property.
If lien holder is on the title. Only DMV can remove it upon proof it is satisfied. Whoever is listed on the title (pink slip) owns it.
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.
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.
Until it is satisfied or vacated.
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.