California Satisfaction of Judgment for Civil Trial is a legal document that signifies the fulfillment of a court judgment in a civil trial in California. When a judgment is issued by the court in a civil case, the winning party (judgment creditor) is entitled to receive the amount awarded by the court from the losing party (judgment debtor). Once the judgment creditor has received the full amount or other agreed-upon settlement, they must file the California Satisfaction of Judgment for Civil Trial with the court to officially acknowledge the debt has been satisfied. The California Satisfaction of Judgment for Civil Trial is essential to release any liens, levies, or other legal consequences that may have been imposed due to the judgment. It acts as proof that the losing party has fulfilled their financial obligation according to the judgment. There are a few different types of California Satisfaction of Judgment for Civil Trial: 1. Full Satisfaction: This type of satisfaction is filed when the judgment debtor has paid the entire judgment amount, including any accrued interest, attorney fees, or other costs, in one payment. 2. Partial Satisfaction: If the judgment debtor has made a partial payment towards the judgment, then a Partial Satisfaction of Judgment is filed. This document acknowledges the receipt of a partial payment and reduces the outstanding balance accordingly. 3. Acknowledgment of Satisfaction: When the judgment creditor acknowledges that the judgment has been satisfied either through a settlement or an alternative agreement, an Acknowledgment of Satisfaction is filed. It specifies the terms of the satisfaction and that the judgment has been fulfilled according to those terms. 4. Conditional Satisfaction: In some cases, a judgment creditor may agree to accept a conditional satisfaction. This means that the satisfaction of judgment is dependent on certain conditions being met, such as the sale of a property or the fulfillment of specific obligations by the judgment debtor. Filing a California Satisfaction of Judgment for Civil Trial is crucial as it not only releases the judgment debtor from any further legal consequences but also allows the judgment creditor to recover their award and move forward. It is recommended to consult with an attorney or seek legal advice to ensure the proper preparation and filing of this significant legal document.
California Satisfaction of Judgment for Civil Trial
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How to fill out California Satisfaction Of Judgment For Civil Trial?
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FAQ
A satisfaction of judgment is a document signed by a judgment creditor and generally filed with the court, indicating that a judgment has been paid in full.
A satisfaction of judgment is a document signed by a judgment creditor and generally filed with the court, indicating that a judgment has been paid in full.
Usually, the creditor can go after a portion of your net wages?typically up to 25%, more if the judgment is for child support?bank and other deposit accounts, and valuable personal property, such as cars and antiques. But creditors can't take all of your money and belongings.
Money judgments automatically expire (run out) after 10 years. To prevent this from happening, you as the judgment creditor must file a request for renewal of the judgment with the court BEFORE the 10 years run out.
If you do not pay the judgment, the judge can order you to appear in court. This is called an Application And Order For Appearance and Examination (EJ-125) . You can be ordered into court every 4 months to furnish information to aid in the enforcement of judgment until you pay the judgment.
Tells the court and others that a judgment has been paid in full or in part. Can be recorded with a county to release a lien against the judgment debtor's land or filed with the Secretary of State to release a lien against the debtor's personal property.
Money judgments automatically expire (run out) after 10 years. To prevent this from happening, you as the judgment creditor must file a request for renewal of the judgment with the court BEFORE the 10 years run out.
The judgment creditor can get an order that tells the Sheriff to take your personal property, like the money in your bank account or your car, to pay the judgment.
