New York Satisfaction of Judgment for Civil Trial refers to the legal process of resolving a civil lawsuit where a judgment has been awarded to one party against another in New York. This legal document is filed to indicate that the judgment has been fully satisfied and that the party who owed the debt has fulfilled their obligation. It is an essential step in finalizing a civil trial and ensuring that both parties adhere to the court's decision. Keywords: New York, Satisfaction of Judgment, Civil Trial, civil lawsuit, judgment, awarded, legal process, filed, debt, satisfied, obligation, finalizing, court's decision. Different types of New York Satisfaction of Judgment for Civil Trial: 1. Full Satisfaction of Judgment: This type is filed when the judgment debt has been completely paid off or fulfilled by the losing party. It demonstrates that the judgment has been satisfied in its entirety. 2. Partial Satisfaction of Judgment: In cases where the judgment debt has been partially paid, the winning party may file this type of satisfaction. It acknowledges that a portion of the judgment has been satisfied but that there is still an outstanding balance. 3. Release of Judgment: When the judgment creditor forgives or releases the debtor from any remaining obligation, they may file a release of judgment. This document releases the debtor from any further liability associated with the judgment. 4. Acknowledgment of Satisfaction of Judgment: If the judgment debtor has satisfied the judgment, but the judgment creditor fails to file the satisfaction, the debtor can file an acknowledgment of satisfaction of judgment. This document serves as proof that they have fulfilled their obligation even if the creditor has not officially acknowledged it. 5. Conditional Satisfaction of Judgment: In certain circumstances, the satisfaction of judgment may be conditioned on specific requirements imposed by the court. This document is filed to demonstrate that the debtor has met these conditions and that the judgment should be marked satisfied. It is important to note that each type of satisfaction of judgment varies in the level of fulfillment towards the judgment debt and has different legal implications. Proper filing and documentation are crucial to ensure compliance with New York State law and protect the interests of both parties involved.
New York Satisfaction of Judgment for Civil Trial
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Filing a Lien at the County Clerk's Office This is accomplished by the Judgment Creditor requesting a "Transcript of Judgment" from the City Court Clerk. The cost for the transcript is $6.00 (payable by cash or money order to the City Court).
When the debtor pays the judgment, the creditor must: File a Satisfaction of Judgment form with the Clerk within 20 days. The Satisfaction of Judgment form must be filed in the Court that entered the judgment, but if a Transcript of Judgment was filed in the County Clerk's office, it must be filed there; and.
A satisfaction of judgment is a document signed by a judgment creditor and generally filed with the court, indicating that a judgment has been paid in full.
A satisfaction of money judgment may be filed at Window #10 in person or by mail. There is no fee for this transaction. A certificate of disposition of money judgment is $8. If you are doing your transaction through the mail, please include a stamped self-addressed return envelope for your receipt.
Under CPLR 3215, a default judgment may be obtained against. a defendant who has failed to proceed in an action.112 Once the. defendant has conceded liability by defaulting, the plaintiff must. apply to the court for a judgment, and an inquest must be con- ducted to determine damages.'
Default judgment. (a) Default and entry. When a defendant has failed to appear, plead or proceed to trial of an action reached and called for trial, or when the court orders a dismissal for any other neglect to proceed, the plaintiff may seek a default judgment against him.
The creditor can often place a lien on your property, such as a house or car. The lien must usually be paid off before you can sell the property. Seize assets. Sometimes, a creditor can get a court order to seize other assets or personal property you own, such as a vehicle or real estate, to satisfy the debt.
A satisfaction of judgment is a document signed by a judgment creditor and generally filed with the court, indicating that a judgment has been paid in full.
