Iowa Sample Letter regarding Discharge of Debtor

State:
Multi-State
Control #:
US-0800LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

How to fill out Sample Letter Regarding Discharge Of Debtor?

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FAQ

The statute of limitations for small claims judgments for execution purposes is twenty years, and liens on those judgments exist for ten years. See Iowa Code sections 614.1(6), 624.23(1), 626.2 and 631.12. However, a judgment can be renewed by filing a new action.

You must electronically file this Appearance and Answer using EDMS at unless you obtain from the court an exemption from electronic filing requirements.

A judgment lien attaching to the real estate of a city may be discharged at any time by the city filing with the clerk of the district court in which the judgment was entered a bond in the amount for which the judgment was entered, including court costs and accruing interest, with surety or sureties to be approved by ...

A judgment release is a document signed by the creditor saying that you have met your legal obligation to pay the debt. This is often called a release of judgment, a satisfaction of judgment, or a release and satisfaction of judgment.

Generally, a discharge removes the debtors' personal liability for debts owed before the debtors' bankruptcy case was filed. Also, if this case began under a different chapter of the Bankruptcy Code and was later converted to chapter 7, debts owed before the conversion are discharged.

624.37 Satisfaction of judgment ? penalty. If the motion relates to a lien of judgment as to specific property, the motion may be filed by a person with an interest in the property.

624.37 Satisfaction of judgment ? penalty. If the motion relates to a lien of judgment as to specific property, the motion may be filed by a person with an interest in the property.

Judgments are valid for a period of twenty years. Iowa Code § 614.1. Judgments are liens upon the real estate owned by the defendant for a period of ten years from the date of the judgment.

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Iowa Sample Letter regarding Discharge of Debtor