Florida Agreed Order and Final Judgment - Awarding Forfeiture
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FAQ
895.01-895.05. (d) No testimony presented by the owner of the property at the hearing is admissible against him or her in any criminal proceeding except in a criminal prosecution for perjury or false statement, nor shall such testimony constitute a waiver of the owner's constitutional right against self-incrimination.
"Satisfaction of a judgment," which is governed by URCP 58B, means that the debtor has paid the entire amount of the judgment and all accumulated fees, costs and interest, or that the creditor has decided not to pursue further collection efforts.
Grounds for forfeiture A person may face civil or criminal asset forfeiture if he or she possesses property that is allegedly tied to illegal activity. This includes any property used during the commission of crimes, such as vehicles used to transport narcotics.
Unlawful to transport, conceal, or possess contraband articles or to acquire real or personal property with contraband proceeds; use of vessel, motor vehicle, aircraft, other personal property, or real property.
THE UNDERSIGNED owner and holder of the final judgment rendered in the action entitled (PLAINTIFF'S NAME) vs (DEFENDANT'S NAME) by the Circuit Court of County, Florida and recorded under Official Instrument# acknowledges that the judgment is fully paid. DATED on .
A: A Satisfaction of Garnishment is a document that confirms a debt has been fully paid, releasing the garnishee from further obligation to withhold money. Once filed, the garnishment order is resolved, and the debtor's wages or account are no longer subject to garnishment for that debt.
Presently there is a Florida statute that limits judgment liens to 20 years,3 and there is a Florida statute that limits ?actions? on certain judgments to 20 years and other judgments to five years. There is, however, no statute or court rule that places a time limit on the execution of judgments.
Whenever the entire amount due on a judgment, including interest, is paid in full, the holder of a judgment must execute a satisfaction of judgment and record the satisfaction in those counties where a certified copy of the judgment was previously recorded.
