Satisfaction Of Judgment Form Michigan

State:
Florida
Control #:
FL-00744BG
Format:
Word; 
Rich Text
Instant download

Description

The Satisfaction of Judgment form for Michigan is a legal document that serves to officially acknowledge that a judgment has been fully paid by the debtor. This form is critical for individuals or entities who have received a final judgment in a court case, as it provides documented proof that the outstanding debt has been settled. Designed for use in the Michigan court system, the form includes sections to fill in the names of the Plaintiff and Defendant, as well as the respective court details. The document must be signed by the judgment holder and notarized to ensure its authenticity. Key features include clear instructions for completion and the necessity of including dates and identification information for verification. The form is particularly useful for attorneys, partners, and legal professionals who manage cases involving judgments, as it allows them to formally close cases and provide satisfaction to their clients. Additionally, paralegals and legal assistants may find this form crucial in their support roles, ensuring that proper documentation is maintained for compliance and record-keeping purposes. Ultimately, the Satisfaction of Judgment form facilitates the conclusion of legal matters, helping to enforce the rights of users who have fulfilled their financial obligations.

How to fill out Florida Satisfaction Of Judgment?

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FAQ

Tells the court and others that a judgment has been paid in full or in part. Can be recorded with a county to release a lien against the judgment debtor's land or filed with the Secretary of State to release a lien against the debtor's personal property.

If the defendant does not pay the judgment as ordered, you will have to collect your money through an execution against property or a garnishment. To get an execution against property or garnishment, you will first need to know: Where the defendant lives and works.

Garnishment is a court procedure that allows you to collect the money owed to you by taking in from the judgment debtor's wages, bank account, or another source (such as income tax refunds). To file a garnishment, contact the court clerk for the proper forms. Instructions are provided with the form.

If you want to file a request to seize property, you may use form MC 19, Request and Order to Seize Property. If the court officer is successful in collecting money from the defendant, this process costs you nothing. The defendant is required to pay all court officer expenses as well as the judgment.

A judgment from a Small Claims case expires six years after it is issued. Most other judgments in Michigan expire 10 years after they are issued. You can renew a judgment before it expires by filing a motion to renew a judgment.

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Satisfaction Of Judgment Form Michigan