Virginia Satisfaction of Judgment
Understanding this form
The Virginia Satisfaction of Judgment form is a legal document that confirms a judgment has been paid in full by the debtor. This form is important as it formally acknowledges that all fees, costs, and interest related to the judgment have been settled, allowing the judgment to be officially marked as satisfied in the court records. Unlike other court forms, this specific document serves to close a judgment case, ensuring that the debtor's obligation is fully met and documented.
Key components of this form
- Case information: Names of the plaintiff(s) and defendant(s), court name, and cause number.
- Judgment details: Amount of the original judgment including interest and costs.
- Acknowledgment clause: Confirming full payment and satisfaction of the judgment.
- Signature section: Space for the plaintiff or their attorney to sign.
- Notary acknowledgment: Required certification for validation depending on the signer's status (individual, corporation, or attorney).
- Certificate of mailing: Confirms that the satisfaction of judgment has been sent to the defendant's attorney.
Situations where this form applies
This form should be used after a judgment has been rendered against a defendant, and the debtor has settled the full amount of the judgment. Situations may include a tenant who has paid off their debts owing to a landlord, or a borrower who has fulfilled their obligation to repay loans following a court ruling. Utilizing this document ensures that the courts reflect that the judgment is satisfied and removes the public record of liability from the debtor.
Who can use this document
- Plaintiffs who have received a judgment against a defendant and want to record its satisfaction.
- Attorneys representing the plaintiffs in fulfilling the requirements of a satisfied judgment.
- Individuals or corporations that have paid a judgment in full and wish to confirm and document that payment formally.
Instructions for completing this form
- Identify the parties involved: Fill in the names of the plaintiffs and defendants, along with the court and cause number.
- Specify the judgment amount: Clearly state the amount paid, including any applicable interest and costs.
- Complete the acknowledgment section: The plaintiff or their attorney should confirm that the judgment is fully satisfied by signing and dating the form.
- Obtain notarization: Depending on the signatory's status, ensure the appropriate acknowledgment is completed by a notary public.
- Certify mailing: Complete and sign the certificate of mailing section to confirm that the document was sent to the defendant's attorney.
Is notarization required?
Notarization is required for this form to take effect. Our online notarization service, powered by Notarize, lets you verify and sign documents remotely through an encrypted video session, available 24/7.
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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.
Common mistakes to avoid
- Failure to complete all required sections, especially the case and judgment details.
- Not obtaining notarization when required, which can invalidate the form.
- Incomplete or incorrect mailing certification, potentially leading to disputes.
Benefits of completing this form online
- Easy access: Downloadable forms save time and effort compared to visiting legal offices.
- Editable templates: Users can personalize the form according to their specific case details.
- Attorney-drafted reliability: The forms are prepared by licensed attorneys, ensuring compliance with legal standards.
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FAQ
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.
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.
A court form that the judgment creditor must fill out, sign, and file with the court when the judgment is fully paid. If no liens exist, the back of the Notice of Entry of Judgment can be signed and filed with the court. (See judgment creditor, judgment .)
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.If a civil judgment is still on your credit report, file a dispute with the appropriate credit reporting agencies to have it removed.
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.
The general rule, as stated above, is that judgments last for 20 years from the date of the judgment once docketed in the Circuit Court records. However, the 20 years may be extended for an additional 20 years by filing the appropriate document.
