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Oregon Satisfaction of Judgment

Oregon Satisfaction of Judgment

Name: Oregon Satisfaction of Judgment
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.55 (340 reviews)

Category:

Oregon Local County - Washington - Circuit Court - Civil and Small Claims

State:

Oregon

Control #:

OR-SKU-0861

Format:

Instant download

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Description

Satisfaction Of Judgment 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 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.

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4.55

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FAQ

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.

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.

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.

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).

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.

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.

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.

(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.

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NOTICE TO JUDGMENT DEBTOR: If this is an acknowledgment of full satisfaction of judgment, it will have to be recorded in each. Acknowledgment of Satisfaction of Judgment (EJ-100).Tells the court and others that a judgment has been paid in full or in part. Satisfaction of a judgment means that the judgment is no longer a lien on the debtor's real property. The winning party must serve a copy of the completed Satisfaction of Judgment (Form 9) on each losing party in the Small Claims Court case. To Judgment Debtor(s):. I (We) knowingly and voluntarily state that the judgment in this matter has been paid off or satisfied in full,. Respondent(s):. (Date File Stamp). Satisfaction of Judgment. And the Clerk of Court shall record the same.

Oregon Satisfaction of Judgment

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