Alabama Full Satisfaction of Recorded Judgment

State:
Alabama
Control #:
AL-E4030
Format:
Word; 
Rich Text
Instant download

Description

This Full Satisfaction of Recorded Judgment form is to be recorded on the land records to indicate that full satisfaction of recorded judgement has occurred. This satisfaction must be signed before a notary public.

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FAQ

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.

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.

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.

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.

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.

Satisfaction of judgment. n. a document signed by a judgment creditor (the party owed the money judgment) stating that the full amount due on the judgment has been paid.

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.

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Alabama Full Satisfaction of Recorded Judgment