Utah Notice of Satisfaction of Bail Bond Lien on Real Estate
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How to fill out Notice Of Satisfaction Of Bail Bond Lien On Real Estate?
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FAQ
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.
A judgment creditor is a person or entity to whom an amount of money is owed due to a judgment that has not been paid or executed.
Partial satisfaction means that part, but not all, of the judgment has been paid. Satisfaction of a judgment means that the judgment is no longer a lien on the debtor's real property.
"Satisfaction of a judgment," which is governed by URCP 58B, means that the debtor has paid the entire amount of the judgment and all accumulated fees, costs and interest, or that the creditor has decided not to pursue further collection efforts.
(c) The acknowledgment of satisfaction of judgment shall be executed and acknowledged by one of the following: (1) The judgment creditor. (2) The assignee of record. (3) The attorney for the judgment creditor or assignee of record unless a revocation of the attorney's authority is filed.
Tells the court and others that a judgment has been paid in full or in part. Can be recorded with a county to release a lien against the judgment debtor's land or filed with the Secretary of State to release a lien against the debtor's personal property.
If the court determines that the judgment has been partially satisfied and that the judgment creditor has not complied with the demand, the court shall make an order determining the amount of the partial satisfaction and may make an order requiring the judgment creditor to comply with the demand.
What is Acknowledgement of satisfaction of judgment Colorado? A satisfaction of judgment is a legal document signed by a creditor, and docHubd, docHubing that a debtor has paid the money he owed a creditor in full. A satisfaction of judgment is then filed, usually by the creditor, with the court.
