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New York Partial Satisfaction of Judgment (Suffolk)

New York Partial Satisfaction of Judgment (Suffolk)

Name: New York Partial Satisfaction of Judgment (Suffolk)
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.72 (232 reviews)

Category:

New York Local County - Suffolk - Supreme Court - General

State:

New York

Control #:

NY-SF-71

Format:

Instant download

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Description

Partial Satisfaction of Judgment (Suffolk) New York Partial Satisfaction of Judgment (Suffolk) is a legal process that allows a creditor or party to a court judgment to receive a portion of the money owed before the full amount of the judgment has been paid. A partial satisfaction of judgment is a partial payment of the debt and is usually accepted by the creditor as full satisfaction of the debt. There are two types of partial satisfaction of judgment in Suffolk County, New York: voluntary partial satisfaction and involuntary partial satisfaction. Voluntary partial satisfaction is when the judgment creditor agrees to accept a partial payment of the judgment as full and final payment. Involuntary partial satisfaction occurs when the court orders that a portion of the judgment be satisfied before the full amount of the judgment is paid.

New York Partial Satisfaction of Judgment (Suffolk) is a legal process that allows a creditor or party to a court judgment to receive a portion of the money owed before the full amount of the judgment has been paid. A partial satisfaction of judgment is a partial payment of the debt and is usually accepted by the creditor as full satisfaction of the debt. There are two types of partial satisfaction of judgment in Suffolk County, New York: voluntary partial satisfaction and involuntary partial satisfaction. Voluntary partial satisfaction is when the judgment creditor agrees to accept a partial payment of the judgment as full and final payment. Involuntary partial satisfaction occurs when the court orders that a portion of the judgment be satisfied before the full amount of the judgment is paid.

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FAQ

If the court determines that the judgment has been partially satisfied and that the judgment creditor has not complied with the demand, the court shall make an order determining the amount of the partial satisfaction and may make an order requiring the judgment creditor to comply with the demand.

Section 137-100-0020 - Request for Satisfaction (1) An applicant who has fully or partially paid a money judgment imposed in a criminal proceeding may obtain a full or partial satisfaction of judgment from the Issuer of Satisfactions upon written request.

P. 60(b)(4) (?On motion and just terms, the court may relieve a party or its legal representative from a final judgment, order, or proceeding for the following reasons: . . . (4) the judgment is void . . . .?).

Tells the court and others that a judgment has been paid in full or in part. Can be recorded with a county to release a lien against the judgment debtor's land or filed with the Secretary of State to release a lien against the debtor's personal property.

The Satisfaction of Judgment form should be signed by the judgment creditor when the judgment is paid, and then filed with the court clerk. Don't forget to do this; otherwise, you may have to track down the other party later. It's easy to get a copy of a Satisfaction of Judgment form.

When the debtor pays the judgment, the creditor must file a Satisfaction of Judgment form with the Clerk within 20 days. It is filed in the Court that entered the judgment, but if a Transcript of Judgment was filed in the County Clerk's office, it is filed there.

More info

Satisfaction of Judgment. Category. Judgments. Sample Microsoft Word form. Form. satisfaction-of-judgment.The enforcement before filing of summons and deliver to discover assets later than one to your social security interest, whole case is legally be. Read the Court's full decision on FindLaw.

New York Partial Satisfaction of Judgment (Suffolk)

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