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.
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Famous quotes containing the words release and/or judgment:
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—D.H. (David Herbert)
“So often has my judgment deceived me in my life, that I always suspect it, right or wrong,at least I am seldom hot upon cold subjects. For all this, I reverence truth as much as any body; and ... if a man will but take me by the hand, and go quietly and search for it ... Ill go to the worlds end with him:MBut I hate disputes.”
—Laurence Sterne (17131768)