Release of Judgment
In some jurisdictions, full payment of a monetary judgment entitles the judgment debtor to receive from the judgment creditor, upon request, a document called a "satisfaction and release of judgment", whereby the judgment debtor may have the original judgment vacated, the action dismissed, any lien removed, and the damaging record expunged from the judgment debtor's public records and credit history. An example of this is in Illinois state law, cf. 735 ILCS 5/12-183.
Read more about this topic: Judgment (law)
Famous quotes containing the words release and/or judgment:
“As nature requires whirlwinds and cyclones to release its excessive force in a violent revolt against its own existence, so the spirit requires a demonic human being from time to time whose excessive strength rebels against the community of thought and the monotony of morality ... only by looking at those beyond its limits does humanity come to know its own utmost limits.”
—Stefan Zweig (18811942)
“The hatred of the youth culture for adult society is not a disinterested judgment but a terror-ridden refusal to be hooked into the, if you will, ecological chain of breathing, growing, and dying. It is the demand, in other words, to remain children.”
—Midge Decter (b. 1927)