This is a satisfaction of judgment which indicates that a judgment has been paid in full, including all fees, costs and interest. It acknowledges full and complete satisfaction of the judgment and directs that the judgment be marked as paid in full.
Mesa Arizona Satisfaction of Judgment
State:
Arizona
City:
Mesa
Control #:
AZ-0909-AA
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Arizona Satisfaction Of Judgment?
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FAQ
A judgment or judgment lien will be valid for ten years from its date of entry. A.R.S. § 12-1551. The deadline for renewing a judgment by filing a lawsuit or an affidavit will be ten years from the judgment's date of entry.
A judgment lien in Arizona will remain attached to the debtor's property (even if the property changes hands) for five years.
Satisfaction of a judgment means that the judgment is no longer a lien on the debtor's real property. The courts cannot control the actions of third parties, but usually, the fact of satisfaction is recorded by the major credit reporting agencies and included in the debtor's credit history.
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.
I. In Arizona, a judgment is initially effective for ten years after the date of its entry, and execution must be accomplished within that period. A.R.S. § 12-1551(B).
Satisfaction and release is the formal paperwork stating that a consumer has paid the full amount owed under a court judgment. A satisfaction and release proves that they have paid their debt and prevents creditors from trying to recover more money from them.
The Satisfaction of Judgment form should be signed by the judgment creditor when the judgment is paid, and then filed with the court clerk. Don't forget to do this; otherwise, you may have to track down the other party later. It's easy to get a copy of a Satisfaction of Judgment form.
Satisfaction of Judgment. A document indicating a judgment has been paid or otherwise is no longer due, required to be filed with the clerk of each court where the judgment has been docketed and also recorded in the office of each county recorder where the judgment has been recorded.