Oregon Satisfaction of Judgment is a legal document that is filed with the court when a judgment has been paid in full. This document is used to discharge a judgment lien that has been placed on a piece of property owned by the debtor so that the creditor's claim is satisfied and the debtor no longer has to pay the remaining balance. There are two types of Oregon Satisfaction of Judgment: (1) Voluntary Satisfaction of Judgment, which is filed by the debtor after they have paid off the judgment in full, and (2) Judicial Satisfaction of Judgment, which is filed by the court after the creditor has received payment. The Satisfaction of Judgment document must include the names of the creditor and debtor, the date and amount of the judgment, and any other relevant information about the judgment.
Oregon Satisfaction of Judgment
Description
How to fill out Oregon Satisfaction Of Judgment?
How much time and resources do you often spend on drafting official paperwork? There’s a better option to get such forms than hiring legal specialists or spending hours browsing the web for a proper template. US Legal Forms is the leading online library that offers professionally drafted and verified state-specific legal documents for any purpose, such as the Oregon Satisfaction of Judgment.
To acquire and prepare a suitable Oregon Satisfaction of Judgment template, follow these simple instructions:
- Look through the form content to ensure it complies with your state regulations. To do so, check the form description or utilize the Preview option.
- If your legal template doesn’t meet your requirements, find another one using the search tab at the top of the page.
- If you already have an account with us, log in and download the Oregon Satisfaction of Judgment. Otherwise, proceed to the next steps.
- Click Buy now once you find the correct document. Choose the subscription plan that suits you best to access our library’s full opportunities.
- Create an account and pay for your subscription. You can make a transaction with your credit card or via PayPal - our service is totally reliable for that.
- Download your Oregon Satisfaction of Judgment on your device and fill it out on a printed-out hard copy or electronically.
Another advantage of our service is that you can access previously acquired documents that you safely store in your profile in the My Forms tab. Obtain them anytime and re-complete your paperwork as often as you need.
Save time and effort completing legal paperwork with US Legal Forms, one of the most trusted web services. Join us now!
Form popularity
FAQ
(4) Partial Satisfaction of Judgment: A partial satisfaction of judgment may be obtained by the applicant when less than the full amount of the money judgment has been paid.
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.
Satisfaction of Judgment: Once a defendant has paid-off a judgment, this form is used by the person receiving the money or property to let the court know that the judgment has been paid. Do not use this form to satisfy a judgment that contains an ongoing obligation, i.e. child support or maintenance.
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.
Once a judgment is paid, either in full or in an amount the judgment creditor agrees to accept as full payment, the judgment creditor must immediately file an Acknowledgement of Satisfaction of Judgment (EJ-100) with the court (California Code of Civil Procedure (CCP) § 724.030).
At any time after commencement of an action, a judgment may be given upon stipulation that a judgment for a specified amount or for a specific relief may be entered. The stipulation shall be by the party or parties against whom judgment is to be entered and the party or parties in whose favor judgment is to be entered.
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.
Way too long to ignore. For non-governmental judgments, they last for 10 (yep, ten) years. And, so long as the creditor files a renewal prior to the expiration of that ten-year term, it is renewed for another 10 years.