Oregon Satisfaction of Judgment

State:
Oregon
Control #:
OR-SKU-0512
Format:
PDF
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Description

Satisfaction Of Judgment Oregon Satisfaction of Judgment is a form used in the state of Oregon to legally release a judgment debtor from any obligation to the court or a creditor. It is filed with the court that issued the judgment, and when it is accepted, it is recorded in the court records. Once the Satisfaction of Judgment is accepted, it is binding and precludes any further action against the debtor for the amount of the judgment. There are two types of Oregon Satisfaction of Judgment: voluntary and involuntary. A voluntary satisfaction of judgment is when the debtor and the creditor agree to settle the debt and the creditor agrees to accept a lesser amount than was originally owed. An involuntary satisfaction of judgment is when the court is presented with evidence that the amount of the judgment has been paid in full.

Oregon Satisfaction of Judgment is a form used in the state of Oregon to legally release a judgment debtor from any obligation to the court or a creditor. It is filed with the court that issued the judgment, and when it is accepted, it is recorded in the court records. Once the Satisfaction of Judgment is accepted, it is binding and precludes any further action against the debtor for the amount of the judgment. There are two types of Oregon Satisfaction of Judgment: voluntary and involuntary. A voluntary satisfaction of judgment is when the debtor and the creditor agree to settle the debt and the creditor agrees to accept a lesser amount than was originally owed. An involuntary satisfaction of judgment is when the court is presented with evidence that the amount of the judgment has been paid in full.

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Oregon Satisfaction of Judgment