Satisfaction of JudgmentSatisfaction of Judgment
Section § 724.010
If you owe money due to a court judgment, you can settle this debt by paying the full amount owed or a lesser amount if the person you owe agrees. If the debt is cleared through a formal process called a levy, the judgment creditor (the person you owe money to) must confirm that the debt is settled once they receive the full amount from the officer handling the levy. Similarly, if you pay with a check or any non-cash method, the creditor must confirm the debt is settled only after the payment is successfully processed and funds are received.
Section § 724.020
Section § 724.030
When someone pays off a debt that a court ordered them to pay, the person who was owed the money must quickly let the court know by filing a document that confirms the debt is settled. However, this rule doesn't apply if the debt was fully paid through a court-ordered process called a writ.
Section § 724.040
When a money judgment recorded in a county is fully paid off, the person who was owed the money must promptly confirm that the debt is settled by doing two things: they must file a document with the court acknowledging the payment is complete, and they must also send a copy of this acknowledgment to the person who paid the debt, either in person or by mail.
Section § 724.050
If a person has paid off a court-ordered debt (money judgment), they can officially request the creditor to confirm that the debt is settled. This can be done by having the creditor file a statement with the court or give one directly to the requester. The creditor must fulfill this request within 15 days of receiving it. If they don’t, the person can ask the court to intervene, which might ultimately require the creditor to pay for any attorney fees or damages caused by the delay. The creditor could also be fined $100 if they can't justify the delay. This process ensures official records reflect that the debt has been settled.
Section § 724.060
When a court judgment has been fully paid or satisfied, an acknowledgment of satisfaction of judgment needs to include specific details. It should state information like the court's name, case details, names and addresses of involved parties, judgment dates, and any payment terms. If a judgment lien is involved, it must be recorded or filed in relevant county or state offices to officially clear the lien. This acknowledgment must be formally made by the creditor, their assignee, attorney, or relevant child support agency if they are involved. Additionally, the format should mirror legal property transfer acknowledgments.
Section § 724.070
This law says that if someone who's owed money after winning a court case tries to make the person who owes them money do extra things or pay more than the court decided, they must pay for any damages caused or pay $250, whichever is higher. However, this doesn't apply if both parties agreed on a plan where the person who owes money offers some form of security or promises to pay the owed amount in smaller parts, as long as these terms don't exceed what was originally owed.
Section § 724.080
Section § 724.090
This law says that if you are entitled to certain damages under this chapter, it doesn't take away your right to additional damages or penalties you might be entitled to under other laws.
Section § 724.100
If a judgment has been satisfied and recorded, you can apply for a certificate from the court clerk by paying a fee. This certificate will confirm that the judgment is settled and will include details like the court's name, case number, names of the people involved, and the dates and locations where the judgment and its satisfaction were recorded.