New Jersey Warranty to Satisfy Judgment
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How to fill out New Jersey Warranty To Satisfy Judgment?
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FAQ
The defendant should ask for a letter confirming that the entire amount of the judgment has been paid. He or she may do so by sending a demand letter to the plaintiff. The release and satisfaction form is filed with the court clerk and entered into the case record.
A Warrant to Satisfy Judgment, also known as a Warrant of Satisfaction of Judgment, (WOS) is a legal document that, when properly filed with the Clerk of the Superior Court (Clerk), will close the judgment on the Superior Court Civil Judgment and Order Docket.
If the judgment creditor refuses or cannot be located to sign a warrant of satisfaction, you must file a motion in the county where the judgment was entered and ask the court to enter an order stating that the judgment is satisfied. Include proof of payment of the judgment with your motion.
Satisfaction of judgment. n. a document signed by a judgment creditor (the party owed the money judgment) stating that the full amount due on the judgment has been paid.
A judgment from another state can be enforced by docketing it with the Clerk of the Superior Court in Trenton. It will then be a lien on any real estate owned by the debtor in New Jersey and other collection efforts must be made through the Sheriff's Office in the county where the debtor has assets.
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.
If the judgment creditor refuses or cannot be located to sign a warrant of satisfaction, you must file a motion in the county where the judgment was entered and ask the court to enter an order stating that the judgment is satisfied. Include proof of payment of the judgment with your motion.
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.
