Release of Judgment Lien - Full Release
About this form
The Release of Judgment Lien - Full Release is a legal document used to officially remove a judgment lien against a property. This form allows the lien holder to declare that the judgment has been satisfied and that the debtor's property is no longer encumbered. It is important to distinguish this form from other lien release documents, as it specifically pertains to the full satisfaction of a judgment lien, thereby clearing the affected property of any related claims.
Form components explained
- Parties involved: Identifies the judgment holder and the debtor.
- Abstract of Judgment specifics: Details about the original judgment, including the amount, case number, and filing details.
- Release Declaration: States the release of the lien and discharges all claims against the debtor's property.
- Acknowledgment section: Provides space for notarization and proof of identity of the signing parties.
When to use this document
This form is needed when a judgment lien against a property has been fully satisfied. Whether through payment of the judgment debt or other legal means, the lien holder can use this document to release the lien formally. It is applicable in situations where a creditor wants to clear any encumbrance on the debtorâs property after receiving full payment or settlement of claims.
Who this form is for
- Judgment holders who have received full payment for their judgment.
- Debtors who wish to ensure that their property is free of liens after satisfying their obligations.
- Attorneys representing clients in judgment lien releases.
Steps to complete this form
- Identify the judgment holder and debtor by entering their full names.
- Fill in the original principal amount of the judgment and any additional fees, costs, and interest.
- Provide details of the court case and the county where the original judgment was filed.
- State the effective date of the release, usually the date of acknowledgment.
- Ensure all parties sign the form in the presence of a notary public for validation.
Is notarization required?
This form needs to be notarized to ensure legal validity. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call, available anytime.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes to avoid
- Not completing all required fields, leading to an incomplete form.
- Failing to get the form notarized, if required, which could render it invalid.
- Entering incorrect details related to the original judgment, causing confusion or delays in processing.
Why complete this form online
- Convenience of accessing and completing the form at any time.
- Easy to download and edit for your specific circumstances.
- Reliability by using professionally drafted forms, ensuring legal compliance.
Summary of main points
- The Release of Judgment Lien - Full Release is essential for clearing debt-associated liens from property.
- The form must be completed thoroughly and accurately to ensure legal validity.
- Notarization is required to finalize the release of the lien.
- This form is applicable in various states, but check specific state laws.
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FAQ
In most cases, getting a judgment release will require you to pay off the debt, including any interest and court costs. Once the final payment is received by the lender, they will issue the judgement release. It is also possible to get a judgement released by making special arrangements with the lender.
You will need one original, notarized copy for the judgment debtor. If you recorded an abstract of judgment to place a lien against the debtor's real property, you will need an original, notarized copy of your Acknowledgment of Satisfaction of Judgment (EJ-100) for each county where you placed a lien.
Contact the creditor that filed the lien. Make payment arrangements if you cannot pay in full. Pay the lien amount in full or as agreed. Request a satisfaction of lien. File the satisfaction of lien if mailed to you. Consult a bankruptcy attorney.
The defendant should ask for a letter confirming that the entire amount of the judgment has been paid. He or she may do so by sending a demand letter to the plaintiff. The release and satisfaction form is filed with the court clerk and entered into the case record.
A judgment may allow creditors to seize personal property, levy bank accounts, put liens on real property, and initiate wage garnishments. Generally, judgments are valid for several years before they expire. The statute of limitations dictates how long a judgment creditor can attempt to collect the debt.
A document signed by the party who is owed money under a court judgment (called the judgment creditor) stating that the full amount due on the judgment has been paid.
If the judgment creditor does not immediately file an Acknowledgement of Satisfaction of Judgment (EJ-100) when the judgment is satisfied, the judgment debtor may make a formal written demand for the creditor to do so. The judgment creditor has 15 days after receiving the debtor's request to serve the acknowledgement.
The debtor must get a discharge or release of the abstract of judgment to remove the lien from the home. Contact the judgment creditor shown on the abstract. Arrange to pay the debt in full or negotiate payments. Ask the creditor for a discharge if paying in full.
In order to vacate a judgment in California, You must file a motion with the court asking the judge to vacate or set aside the judgment. Among other things, you must tell the judge why you did not respond to the lawsuit (this can be done by written declaration).