North Carolina Satisfaction of Judgment
What is this form?
The North Carolina Satisfaction of Judgment is a legal document that formally acknowledges that a judgment has been paid in full, including all associated fees, costs, and interest. This form serves to confirm that the creditor no longer has a claim against the debtor and instructs the court to mark the judgment as satisfied. Unlike similar forms, this specific template is tailored for use in North Carolina and includes important acknowledgments and notifications required by state law.
Form components explained
- Court name and county where the judgment was issued.
- Identification of the plaintiff and defendant along with their respective legal roles.
- Cause number associated with the court case.
- Amount of the judgment, including any interest and fees.
- Signature lines for the plaintiff or attorney, and necessary notarization sections.
- Certification of mailing to the defendant's attorney.
When to use this form
This form should be used when the plaintiff has received full payment for a judgment rendered against the defendant. It is applicable in scenarios where the creditor wants to formally document the complete satisfaction of the judgment, whether it has been paid off completely, or settled through an agreement. It can also be utilized to clear the debtor's financial record as it pertains to the specific case.
Who needs this form
- Plaintiffs who have received full payment on a judgment.
- Attorneys representing plaintiffs in cases of satisfied judgments.
- Debt collection agencies managing judgments on behalf of creditors.
Completing this form step by step
- Identify the appropriate court and fill in the county and state details.
- Insert the names of the plaintiff(s) and defendant(s) with their respective contact information.
- Enter the cause number associated with the judgment.
- Specify the total amount of the judgment that has been satisfied and date of the original judgment.
- Ensure that the plaintiff or their attorney signs the document.
- Complete the notarization section to validate the document.
Does this form need to be notarized?
This form needs to be notarized to ensure legal validity. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call, available anytime.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Avoid these common issues
- Failing to accurately fill in the court and case information.
- Not obtaining the required notarization.
- Omitting important details such as interest and fees in the total judgment amount.
Why complete this form online
- Convenient access to download and fill out forms at any time.
- Editability allows users to tailor the form to their specific situation.
- Reliability through professionally drafted templates by licensed attorneys.
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FAQ
The Satisfaction of Judgment form should be signed by the judgment creditor when the judgment is paid, and then filed with the court clerk. Don't forget to do this; otherwise, you may have to track down the other party later.
Once you have a satisfaction of judgment, you should update your credit report so that it shows that you have paid the debt. To update your credit report: Get 3 certified copies of the Acknowledgment of Satisfaction of Judgment from the clerk's office (you may have to pay a fee); AND.
You may ask your judgment creditor to file a satisfaction of judgment form. The length of time gives to the creditor to file the form varies from state to state, but it is usually between 14 and 30 days after your request.
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.