satisfaction of judgment

satisfaction of judgment

n. a document signed by a judgment creditor (the party owed the money judgment) stating that the full amount due on the judgment has been paid. The judgment creditor (the party who paid the judgment) is entitled to demand that the judgment creditor (the party to whom the money judgment is owed) sign the satisfaction of judgment, file it with the court clerk, acknowledge it before a notary public, and record the document with the County Recorder (or Recorder of Deeds) if there is an abstract of judgment (a document showing the amount of the judgment which is a lien on any real property belonging to the defendant) on record. (See: abstract of judgment)

References in periodicals archive ?
Respondent issued checks in the amount of $22,999.70 in accordance with that decision and sought a satisfaction of judgment, moving by Order to Show Cause to compel same.
But a post-trial settlement was ultimately reached and a satisfaction of judgment was filed.
If comments are directed toward the proposed amendment to Form 1.981 (Satisfaction of Judgment), the certificate of service shall also verify that a copy has been served on Henry Trawick, P.
Back in the United States, the Eighth Circuit judges ended their examination of the antisuit injunction with a footnoted qualification that anticipates further review: "We recognize there are cases where the satisfaction of judgment is not, as here, solely the payment of a money judgment.
She also agreed to promptly file satisfaction of judgment back in Wichita, Kan., where the couple were divorced and the monthly child support claim of $300 originated back in 1965.
Marquez filed an amended answer to the complaint and asserted the affirmative defense of full and/or partial satisfaction of judgment requiting a set off.
On June 26, 1992, they filed a Report and Acknowledgment of Receipt of Satisfaction of Judgment with the court stating that the wrongful death suit had been settled for $500,000, with $374,000 being paid directly to them and the remainder paid to their attorneys for attorneys' fees and costs.
Satisfaction of judgment? The processor will sort it out.")
After filing the notice of appeal, Fidelcor accepted payment of the amount of the judgment and executed a satisfaction of judgment on a standard form.
The results of the logit analysis of the successful plaintiff receiving full satisfaction of judgment from a defendant are presented in Table 3.
The Florida Bar's Small Claims Rules Committee has submitted to the Florida Supreme Court its regular-cycle report proposing new form 7.347 (Satisfaction of Judgment).
That was to add a form for satisfaction of judgment to show that a final judgment has been paid.