Judgment (law) - Release of Judgment

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 of, release and/or judgment:

    An inquiry about the attitude towards the release of so-called political prisoners. I should be very sorry to see the United States holding anyone in confinement on account of any opinion that that person might hold. It is a fundamental tenet of our institutions that people have a right to believe what they want to believe and hold such opinions as they want to hold without having to answer to anyone for their private opinion.
    Calvin Coolidge (1872–1933)

    Come, thou long-expected Jesus,
    born to set thy people free;
    from our fears and sins release us,
    let us find our rest in thee.
    Charles Wesley (1707–1788)

    No more shall the war cry sever,
    Or the winding rivers be red:
    They banish our anger forever
    When they laurel the graves of our dead!
    Under the sod and the dew,
    Waiting the Judgment Day:—
    Love and tears for the Blue;
    Tears and love for the Gray.
    Francis Miles Finch (1827–1907)