Florida Satisfaction of Judgment

State:
Florida
Control #:
FL-SKU-2356
Format:
PDF
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Description

Satisfaction Of Judgment Florida Satisfaction of Judgment is the process of a judgment creditor (the person who won a court case) and the judgment debtor (the person who lost a court case) signing a document that officially releases the debtor from any further financial obligation. This document is then submitted to the court for recording and is legally binding. There are two types of Florida Satisfaction of Judgment: Partial Satisfaction of Judgment and Full Satisfaction of Judgment. Partial Satisfaction of Judgment occurs when the creditor and debtor agree to satisfy only a portion of the total debt owed. Full Satisfaction of Judgment occurs when the full amount of the debt is paid off and no further payments are required.

Florida Satisfaction of Judgment is the process of a judgment creditor (the person who won a court case) and the judgment debtor (the person who lost a court case) signing a document that officially releases the debtor from any further financial obligation. This document is then submitted to the court for recording and is legally binding. There are two types of Florida Satisfaction of Judgment: Partial Satisfaction of Judgment and Full Satisfaction of Judgment. Partial Satisfaction of Judgment occurs when the creditor and debtor agree to satisfy only a portion of the total debt owed. Full Satisfaction of Judgment occurs when the full amount of the debt is paid off and no further payments are required.

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Florida Satisfaction of Judgment