Satisfaction of judgment
Term · Law · MLC-T-LAW-004389
The formal legal declaration that a monetary judgment awarded by a court has been fully paid or otherwise discharged by the judgment debtor. This act typically involves the judgment creditor filing a document with the court clerk, which then removes the judgment lien from the debtor's property. The filing of a satisfaction of judgment is recorded in public records, clearing the debtor's financial obligations related to that specific judgment.
| Identifier | MLC-T-LAW-004389 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004389",
"term": "Satisfaction of judgment",
"field": "Law",
"definition": "The formal legal declaration that a monetary judgment awarded by a court has been fully paid or otherwise discharged by the judgment debtor. This act typically involves the judgment creditor filing a document with the court clerk, which then removes the judgment lien from the debtor's property. The filing of a satisfaction of judgment is recorded in public records, clearing the debtor's financial obligations related to that specific judgment.",
"url": "https://mlchart.com/terminology/law/satisfaction-of-judgment/"
}
Record 4,457 of 5,445 in Law terminology (MLC-0107). Request the full dataset.