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What does judgment satisfied mean?

Anonymous

∙ 14y ago

Updated: 10/16/2024

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Q: What does judgment satisfied mean?

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How do you get a judgment satisfied?

A judgment can get satisfied by a wage garnishment. A judgment can also be satisfied by a levy of property. An attorney can help you file the proper paperwork.

What does it mean to have a satisfied judgment on your credit report?

It means that a person or company got a court order or some other legal order directing you to pay. That is the judgment. Satisfying the judgment means that you have met all conditions of the judgment and it is no longer operative. For example, you were sued and lost, and a judge ordered you to pay x dollars for x years. When it's all paid, you have satisfied the judgment.

Can a Credit Card Collection Agency put a lien or judgment on your credit and if so what does that mean?

If the collection agency works in tandem with a law firm (which is the case most of the time) then the answer is yes. What does this mean? If a judgment is granted by a judge, then it is the age old saying, pay me now or pay me later. Anytime your credit is ran (over the next 20 years) then it will show and credit will not be granted until the judgment is satisfied. Keep in mind if a judgment is granted interest probably continues to accrue until satisfied. If at all possible, it is best to inter into a stipulation agreement with the firm and work it out.

How long can your wages be garnished in Iowa?

Until the debt is satisfied in full or the garnisher recends the judgment order.

Can a judgment be settled by going to the courthouse and making payment for the judgment amount?

Yes. Then get a letter stating the debt was satisfied and photocopy it. Get a report from each reporting agency, dispute it saying it should say "satisfied"...attach a copy of the letter from court to your dispute letter. Attach the page of your report (photocopy) and highlight the item disputing. Include the case/account number in your dispute.

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Related Questions

How do you get a judgment satisfied?

A judgment can get satisfied by a wage garnishment. A judgment can also be satisfied by a levy of property. An attorney can help you file the proper paperwork.

How do you get satisfied judgment?

A judgment can get satisfied by a wage garnishment. A judgment can also be satisfied by a levy of property. An attorney can help you file the proper paperwork.

How do you get a judgment satisfied that has already been settled?

You should go to the court that issued the original judgment and inquire about a 'judgment satisfied' document that could be recorded in the land records.

What does execution of judgment is stayed until final payment is received at which time judgment will be deemed satisfied mean and will the judgment actually be filed as to reach my credit report?

This statement means that the enforcement of the judgment will be postponed until the final payment is made. Once the payment is received in full, the judgment will be considered satisfied. While the judgment may still be filed on your credit report, it should reflect that it has been satisfied once the payment is received.

How do you get proof that a judgment has been satisfied?

To obtain proof that a judgment has been satisfied, you can request a satisfaction of judgment document from the court that issued the judgment. This document will show that the judgment has been paid in full or otherwise satisfied. You may need to provide this document to credit reporting agencies or other entities to update your records.

What does it mean to have a satisfied judgment on your credit report?

It means that a person or company got a court order or some other legal order directing you to pay. That is the judgment. Satisfying the judgment means that you have met all conditions of the judgment and it is no longer operative. For example, you were sued and lost, and a judge ordered you to pay x dollars for x years. When it's all paid, you have satisfied the judgment.

In a judicial foreclosure what does a Judgment and Decree of Foreclosure on Cross Claim mean?

That means that the cross claimant in the lawsuit was granted a judgment against the cross defendant(s). If the judgment is not satisfied in full immediately, the property in jeopardy will be foreclosed upon.

What does the judgment is stayed pending defendants settlement payment at which time this judgment will be deemed fully satisfied mean and will the judgment be physically filed?

This means that the defendants have an opportunity to make payment before the judgement is to be satisfied by the court officers. The person who lost the suit can pay before the judgement before their property starts being forfeited to settle the debt.

Does a lawyer in a small claims court have to report the judgment is satisfied?

In most cases, it is the responsibility of the party who received the judgment to report to the court that it has been satisfied. However, it is advisable for the lawyer representing the party to ensure that all necessary documentation and notifications are provided to the court to confirm that the judgment has been satisfied.

How long does a judgment last in Pennsylvania?

Until it is satisfied or vacated.

What does execution of judgment is stayed until final payment is received at which time this judgment will be deemed satisfied mean?

This means that the final judgment cannot be heard until all financial obligations are met. This is mainly associated with lawsuits and court related cases.

How can you clear a civil judgment when the creditor will not sign off?

Return to the court that ordered the judgment and present evidence that you have satisfied the debt. ALSO, while you're there, if you have satisfied the requirements of the judgment, ask the judge to find the creditor in Contempt of Court for failing to release you.

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