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To reach an and satisfaction, a creditor9 agrees to accept something different from or less than his full claim as satisfaction of the debt. '0 Often a debtor will tender a check payable to a creditor with a notation stating that the check is "payment in full" of the debt, or similar wording."
A release is a abandonment of a right, which may be given gratuitously (for free) or for inadequate consideration, while an and satisfaction is the discharge of a debt or claim by the acceptance of some payment which is agreed to constitute full satisfaction Holman v. Simborg, 152 Ill. App.