A Pennsylvania Precise to Satisfy is a document used in the state of Pennsylvania to satisfy a judgment. The Precise is a legal form that is used to request the Court to enter a satisfaction of judgment on the court record. The Precise is typically filed by the judgment creditor to show that the debt has been paid off. There are two types of Pennsylvania Recipes to Satisfy: Precise to Satisfy Money Judgment and Precise to Satisfy Non-Money Judgment. The Precise to Satisfy Money Judgment is used to satisfy a court judgment that involves a monetary award, such as a debt or a penalty. The Precise to Satisfy Non-Money Judgment is used to satisfy a court judgment that does not involve a monetary award, such as a divorce or custody decision.
Pennsylvania Praecipe to Satisfy
State:
Pennsylvania
Control #:
PA-SKU-1187
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PDF
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Praecipe to Satisfy
How to fill out Pennsylvania Praecipe To Satisfy?
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FAQ
What happens if a defendant does not pay a judgement? A creditor can enforce the judgement and use state laws to seize assets in the hands of the debtor or third parties to collect the amount owed.
If a judgment debtor has paid in full, settled, or otherwise complied with a judgment rendered in a magisterial district court, anyone interested in the judgment may request the entry of satisfaction of the judgment by filing a written request in the office of the magisterial district judge who rendered the judgment.
Commanding a defendant to perform an act or to demonstrate why he or she should not perform that act. Requesting that the court perform some action, such as entering a judgment or setting the date for a trial, and that the clerk of the court issue a writ therefor.
Pennsylvania judgments are valid for 5 years. Judgments can be revived every 5 years and should be revived if a creditor is attempting to actively collect on the debt. Judgments also act as a lien against real property for up to 20 years or longer if properly revived.
Code § 237.5 - Form of Notice of Praecipe to Enter Judgment by Default. YOU ARE IN DEFAULT BECAUSE YOU HAVE FAILED TO ENTER A WRITTEN APPEARANCE PERSONALLY OR BY ATTORNEY AND FILE IN WRITING WITH THE COURT YOUR DEFENSES OR OBJECTIONS TO THE CLAIMS SET FORTH AGAINST YOU.
A money judgment may be satisfied by (1) paying the full amount required to satisfy the judgment or (2) the judgment creditor's acceptance of a lesser sum in full satisfaction of the judgment. (Cal. Code Civ.
If you lose the lawsuit, a judgement is entered against you stating that you owe someone a certain amount of money. A copy will be given to you and the creditor. You usually have 30 days to appeal judgments. If you do not appeal, the creditor can pay a PA constable or sheriff money to try to collect the money from you.
The praecipe simply asks the prothonotary to issue a writ of summons against the defendant. Plaintiffs typically file a praecipe for writ of summons: To commence a lawsuit quickly when the statute of limitations is about to expire on the plaintiff's claims.