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.
Arkansas Satisfaction of Judgment
State:
Arkansas
Control #:
AR-0909-AA
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Arkansas Satisfaction Of Judgment?
Utilizing Arkansas Satisfaction of Judgment forms created by skilled lawyers helps you sidestep complications when completing paperwork.
Simply download the template from our site, complete it, and ask an attorney to validate it.
Doing this can assist you in conserving much more time and energy than asking for legal assistance to draft a document from the ground up for you would.
Utilize the Preview feature and examine the description (if available) to determine if you need this specific template, and if so, simply click Buy Now.
- If you possess a US Legal Forms membership, just Log In to your profile and return to the sample webpage.
- Locate the Download button near the templates you are reviewing.
- After obtaining a file, you will find all your saved documents in the My documents section.
- If you lack a subscription, don't worry.
- Just follow the step-by-step instructions below to register for your account online, acquire, and fill out your Arkansas Satisfaction of Judgment form.
- Confirm that you're downloading the correct state-specific document.
Form popularity
FAQ
A Satisfaction of Judgment or Release and Satisfaction is a legal document that shows that the plaintiff has been paid all that he or she is owed, based upon the original judgment against the defendant.
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.
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 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 .)
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 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.
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.