This is a satisfaction of judgment which indicates that a judgment has been paid in full, including all fees, costs and interest. It acknowledges full and complete satisfaction of the judgment and directs that the judgment be marked as paid in full.
Alabama Satisfaction of Judgment
State:
Alabama
Control #:
AL-0909-AA
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Alabama Satisfaction Of Judgment?
Utilizing Alabama Satisfaction of Judgment examples developed by professional attorneys helps you evade difficulties when completing paperwork.
Simply download the template from our site, fill it in, and request an attorney to review it.
This approach can save you significantly more time and money than searching for an attorney to create a document from scratch according to your specifications.
Employ the Preview feature and review the description (if provided) to determine if you need this specific template; if so, just hit Buy Now.
- If you’ve previously purchased a US Legal Forms subscription, just Log In to your account and navigate back to the form page.
- Locate the Download button next to the template you are reviewing.
- After downloading a template, all of your stored samples can be found in the My documents section.
- If you do not possess a subscription, it is not an issue.
- Simply adhere to the steps below to register for an account online, acquire, and complete your Alabama Satisfaction of Judgment template.
- Verify and ensure that you’re acquiring the appropriate state-specific form.
Form popularity
FAQ
A document signed by the party who is owed money under a court judgment (called the judgment creditor) stating that the full amount due on the judgment has been paid.
If the judgment creditor does not immediately file an Acknowledgement of Satisfaction of Judgment (EJ-100) when the judgment is satisfied, the judgment debtor may make a formal written demand for the creditor to do so. The judgment creditor has 15 days after receiving the debtor's request to serve the acknowledgement.
In Alabama, a creditor can place a judgment lien on your real property (or your personal property or vehicle) in order to collect the judgment, and it will remain attached to your real property for 10 years, even if you sell the property.
Judgments are no longer factored into credit scores, though they are still public record and can still impact your ability to qualify for credit or loans. Lenders may still check to see whether any outstanding judgments against a potential borrower exist.
A Satisfaction of Judgment is a document signed by one party acknowledge receipt of the payment. The Satisfaction of Judgment is then filed with the court. This is beneficial to the paying party for multiple reasons. One, the court is put on notice that the debt has been satisfied.
A Satisfaction of Judgment is a document signed by one party acknowledge receipt of the payment. The Satisfaction of Judgment is then filed with the court. This is beneficial to the paying party for multiple reasons. One, the court is put on notice that the debt has been satisfied.
Once a judgment is paid, whether in installments or a lump sum, a judgment creditor (the person who won the case) must acknowledge that the judgment has been paid by filing a Satisfaction of Judgment form with the court clerk.