Wisconsin GF-129 Order of Satisfaction

State:
Wisconsin
Control #:
WI-SKU-0502
Format:
PDF
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Description

GF-129 Order of Satisfaction

Wisconsin GF-129 Order of Satisfaction is a form used by Wisconsin courts to record the payment or satisfaction of a judgment against a debtor. It must be signed by the debtor, the creditor, and the court. The form is used to record any agreement or arrangement made between the debtor and the creditor for the satisfaction of the judgment. The Wisconsin GF-129 Order of Satisfaction can be used in two different types of situations: 1) To record the payment in full of the judgment and the release of the judgment lien, or 2) To record a partial payment of the judgment and the continuation of the judgment lien. The Wisconsin GF-129 Order of Satisfaction must be filed with the court in order to be legally effective.

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FAQ

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.

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.

Filing a partial satisfaction with the court is permitted, but it is seldom done. 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.

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.

What Is a Partial Summary Judgement? In some cases, the court may grant a motion for partial summary judgment. The purpose of partial summary judgment is to simplify a trial by ruling on some claims, but not all. For example, the court might rule on some factual issues but leave others for trial.

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Wisconsin GF-129 Order of Satisfaction