Trec Mud Disclosure Form For Real Estate
Description
How to fill out Texas Notice To Purchasers?
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FAQ
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 is a Release of Judgment? 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.
Satisfaction of Judgment is when the judgment has been paid in full. The parties need to let the court know that the judgment has been paid. The creditor (party being paid) or the debtor (person who owes the money) can do this by filing a form with the court.
Child support or maintenance judgment. In the case of a judgment for child support or spousal maintenance, an execution or certificate of satisfaction need not be filed with the court until the judgment is satisfied in full.
How long does a judgment last? Judgments last for ten years and then can be renewed for another ten years. There is no limit to how many times a judgment can be renewed as long as the creditor takes the appropriate steps every ten years. So a judgment against you will potentially last forever.