Pursuant to this form, a plaintiff who obtained a judgment against a defendant is demanding satisfaction of the judgment by payment of a sum of money sent to a specified address. If the parties are represented by an attorney, it would be preferable for the attorney representing the plaintiff to send such a letter to the attorney representing the defendant.
District of Columbia Letter to Judgment Debtor Demanding Satisfaction of Judgment
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How to fill out Letter To Judgment Debtor Demanding Satisfaction Of Judgment?
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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.
The one-satisfaction rule is a common law principle that a plaintiff should only recover once for a particular injury, thereby preventing overcompensation of the plaintiff for their injury. Thus, a plaintiff who fully recovers from one tortfeasor may not recover more damages from a joint tortfeasor.
A creditor who obtains a judgment against you is the "judgment creditor." You are the "judgment debtor" in the case. A judgment lasts for 12 years and the plaintiff can renew the judgment for another 12 years.
(c) The acknowledgment of satisfaction of judgment shall be executed and acknowledged by one of the following: (1) The judgment creditor. (2) The assignee of record. (3) The attorney for the judgment creditor or assignee of record unless a revocation of the attorney's authority is filed.
724.060. (a) An acknowledgment of satisfaction of judgment shall contain the following information: (1) The title of the court. (2) The cause and number of the action. (3) The names and addresses of the judgment creditor, the judgment debtor, and the assignee of record if any.
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.
What is Discovery in Aid of Execution? Certain discovery procedures that are provided by law and which allow a judgment creditor to obtain information about the defendant judgment debtor's assets and property that may be available for execution on 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.
