Release Of Judgement Form With Notice

This is a form of a Partial Release of Judgment Lien.

A Release of Judgment Form with Notice refers to a legal document that releases a judgment creditor from any further claims or actions against a judgment debtor. This form is typically used when a judgment has been satisfied, and the creditor wishes to formally acknowledge that they have received payment or other satisfactory arrangements. The Release of Judgment Form with Notice provides crucial information related to the judgment as well as the debtor and creditor involved. It includes details such as the names and addresses of both parties, the case number, and court name. Moreover, this form usually indicates the amount of the judgment, the date it was entered, and the date it was satisfied. Additionally, this form explicitly states that by signing it, the judgment creditor acknowledges the payment in full or any other agreed-upon settlement from the debtor. It further releases and discharges the debtor from any future liability pertaining to the judgment, preventing the creditor from pursuing any legal actions or further claims regarding the satisfied judgment. Although the Release of Judgment Form with Notice serves a general purpose, different types may exist depending on the jurisdiction and specific circumstances. For instance, some forms may be tailored for use in small claims courts, where judgments are typically of lower monetary value. Others may be intended for use in higher courts, handling substantial and complex judgments. In conclusion, the Release of Judgment Form with Notice is a significant legal document that marks the completion of a judgment and associated obligations. It facilitates the formal discharge of the debtor from liability and prevents the judgment creditor from pursuing further claims.

How to fill out Partial Release Sample ?

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