Mississippi Satisfaction of Judgment and Dismissal of Garnishment

State:
Mississippi
Control #:
MS-0788-WG
Format:
Word; 
Rich Text
36 downloads

About this form

The Satisfaction of Judgment and Dismissal of Garnishment is a legal document filed with the court by a judgment creditor. It certifies that the judgment debtor has fully paid the debt, leading to the dismissal of the garnishment and the refund of any garnished funds. This form is essential for formally notifying the court that the financial obligation has been met and is different from other forms related to court judgments and garnishments as it specifically addresses the satisfaction of the judgment.

What’s included in this form

  • Identification of the plaintiff and defendant, including case number.
  • Declaration that the judgment against the defendant has been satisfied.
  • Details of the writ of garnishment being dismissed.
  • Request for refund of any garnished funds to the defendant.
  • Signature and contact information of the attorney representing the plaintiff.
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When to use this form

This form is used when a judgment debtor has fully paid their debt as determined by a court ruling. It allows the creditor to officially document that the judgment has been satisfied, leading to the dismissal of the garnishment. Individuals should use this form after confirming that the full amount owed has been paid and they wish to release the garnishment on the defendant's assets.

Who should use this form

  • Judgment creditors who have received payment from the debtor.
  • Attorneys representing creditors in garnishment actions.
  • Debtors needing to have a garnishment dismissed after fulfilling their obligations.

Steps to complete this form

  • Identify the parties involved by filling in the names of the plaintiff and the defendant.
  • Enter the case number associated with the judgment.
  • Provide the name and type of the business that was garnished.
  • Confirm that the judgment against the defendant has been satisfied.
  • Sign the document as the plaintiff’s attorney, including your contact information.

Notarization guidance

This form does not typically require notarization unless specified by local law. Always verify if your state requires notarization for legal documents, as this can vary based on jurisdiction.

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Typical mistakes to avoid

  • Failing to accurately enter the case number.
  • Not providing complete details of the garnished business.
  • Omitting signatures or contact information of the attorney.

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FAQ

A Satisfaction of Judgment is a document signed by one party acknowledge receipt of the payment. The Satisfaction of Judgment is then filed with the court. This is beneficial to the paying party for multiple reasons. One, the court is put on notice that the debt has been satisfied.

Once a judgment is paid, whether in installments or a lump sum, a judgment creditor (the person who won the case) must acknowledge that the judgment has been paid by filing a Satisfaction of Judgment form with the court clerk.

Once a judgment is paid, whether in installments or a lump sum, a judgment creditor (the person who won the case) must acknowledge that the judgment has been paid by filing a Satisfaction of Judgment form with the court clerk.

A Satisfaction of Judgment is a document signed by one party acknowledge receipt of the payment. The Satisfaction of Judgment is then filed with the court. This is beneficial to the paying party for multiple reasons. One, the court is put on notice that the debt has been satisfied.

If you are served with a garnishment summons, do not ignore these documents because they do not directly involve a debt that you owe. Instead, you should immediately freeze any payments to the debtor, retain the necessary property, and provide the required written disclosure.

In order to vacate a judgment in California, You must file a motion with the court asking the judge to vacate or set aside the judgment. Among other things, you must tell the judge why you did not respond to the lawsuit (this can be done by written declaration).

Judgments are no longer factored into credit scores, though they are still public record and can still impact your ability to qualify for credit or loans.If a civil judgment is still on your credit report, file a dispute with the appropriate credit reporting agencies to have it removed.

If the judgment creditor does not immediately file an Acknowledgement of Satisfaction of Judgment (EJ-100) when the judgment is satisfied, the judgment debtor may make a formal written demand for the creditor to do so. The judgment creditor has 15 days after receiving the debtor's request to serve the acknowledgement.

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Mississippi Satisfaction of Judgment and Dismissal of Garnishment