Release Judgment Form With Decimals

State:
Multi-State
Control #:
US-OG-540
Format:
Word; 
Rich Text
Instant download

Description

The Release Judgment Form with Decimals is a legal document used to formally acknowledge the satisfaction of a judgment lien by the creditor. This form is essential for documenting that a judgment creditor relinquishes all rights and claims related to an existing judgment against a debtor, effectively clearing their financial obligation. Key features of the form include sections for both the judgment creditor and debtor's information, the judgment date, cause number, and recording details of the judgment. Users must fill in specific details accurately, including the effective date of the release. The acknowledgment section requires notarization, ensuring that the document is legally binding. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in debt resolution or property rights cases, providing a clear, structured method for discharging judgment liens. By completing this form, legal professionals can facilitate smoother transactions and minimize disputes over outstanding judgments.
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FAQ

This legal document is important because it is not revocable; once it is signed and filed with the court, it cannot be changed. Judgment debtors are usually in a hurry to get this type of release so that the civil action stops adversely affecting their credit.

Step 1: Complete the Form. The Judicial Council form commonly used in this procedure is:Step 2: Make Copies. Make photocopies of your unsigned Acknowledgment of Satisfaction of Judgment (EJ-100).Step 3: Notarize Your Forms.Step 4: Have your Acknowledgement Served.Step 5: Filing.

You may request an exemption to the garnishment. You must make your request within 30 days of when the garnishment was served on the bank. Use the form Motion for Release of Property from Levy/Garnishment (DC-CV-036).

The debtor must get a discharge or release of the abstract of judgment to remove the lien from the home. Contact the judgment creditor shown on the abstract. Arrange to pay the debt in full or negotiate payments. Ask the creditor for a discharge if paying in full.

How to Write a Letter to Stop Wage Garnishment?Information About the Addressee. You can begin by stating the name and the address of the creditor you are addressing.Information About the Sender.The Date.Introduction.A Request to Stop Wage Garnishment.Conclusion.Signature.

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Release Judgment Form With Decimals