Virginia Satisfaction of Judgment
What is this form?
The Virginia Satisfaction of Judgment is a legal document that indicates a judgment has been fully paid, including any fees, costs, and interest. This form officially acknowledges that the judgment has been satisfied and directs the appropriate court to mark it as paid in full. It serves a vital role in closing out legal claims and distinguishes itself from other forms by focusing specifically on the acknowledgment of judgment satisfaction in Virginia.
Main sections of this form
- Identification of the court and parties involved in the case.
- Details of the original judgment, including amount and date.
- Acknowledgment of full payment of the judgment and any associated costs.
- Authorized signature of the plaintiff or attorney, affirming the satisfaction.
- Notarization section for verification of the signature.
- Certificate of mailing to ensure notification to the defendant.
When this form is needed
This form is needed when a court judgment has been paid off in full by the debtor. It is typically used by the plaintiff or creditor once they have received all amounts due, allowing them to formally notify the court and the opposing party that the debt obligations have been fulfilled. This process helps clear the debtor's record and confirms no further legal action can be taken regarding that judgment.
Who needs this form
- Plaintiffs or creditors seeking to acknowledge full payment of a judgment.
- Attorneys representing a plaintiff in a judgment recovery case.
- Debtors wishing to ensure that their judgment is recorded as satisfied.
How to complete this form
- Identify the correct court and fill in the relevant case details, including parties involved and cause number.
- Specify the total amount of the judgment, including any fees or costs if applicable.
- Provide the date on which the judgment was rendered.
- Sign the form as the plaintiff or attorney, ensuring your signature is notarized.
- Mail a copy of the satisfaction to the defendant and keep a record of the mailing.
Does this document require notarization?
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 include all relevant case details, such as the cause number.
- Not obtaining a notarization when required.
- Omitting the certificate of mailing after sending to the defendant.
Why complete this form online
- Convenient access to the form allows for quick completion.
- Easily editable templates ensure accuracy before finalizing.
- Reliability in having a legally vetted document prepared by attorneys.
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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.
