' Release of Judgement - Law Offices of Robert M. Geller
CALL NOW!
FREE PHONE/VIRTUAL CONSULTATION

Tips for Getting a Judgement Released

Release of Judgement

If a judgment was filed against you in relation to a debt you owed and you have worked hard to pay that debt, you will need to make sure you get a Satisfaction of Judgment or Release and Satisfaction documentation. This is the official legal document proving you paid off what you owed. It is non-revocable, which means it finalizes the fact that you no longer owe money on that debt and that the paid-in-full debt cannot be changed. It ensures no civil action can be taken against you.

Having an unpaid judgment on your credit report can prevent you from being approved for a loan of any kind. This includes a mortgage, car loan, or credit card. Any time someone reviews your credit, he/she will see the judgment and use it to negatively judge whether or not to lend to you.

Furthermore, collection efforts will continue as long as there is a judgment against you. This means your wages can be garnished, your tax refund can be taken, and you can face a lien on your property. A judgment clears you of these obligations and is absolute legal proof you no longer owe money on that specific debt.

How Do I Get a Judgment Release?

In most cases, getting a judgment release will require you to pay off the debt, including any interest and court costs. Once the final payment is received by the lender, they will issue the judgement release.

It is also possible to get a judgment released by making special arrangements with the lender. Some are willing to accept lump sum payments for a portion of the original amount. Before agreeing to a settlement such as this, be sure to speak to an attorney. Have him review any paperwork associated with the settlement.

My Debt is Paid – Now What?

Once your debt is paid, you are eligible for a judgment release. Some lenders will automatically send this, but this is not always the case. It is important to ask, in writing, for a copy of the document that was filed with the court stating the judgment is released.

If the lender refuses or seems to be giving you the runaround, you have the option of petitioning the court for an order showing your debt has been satisfied. If you uphold your obligation, the judge will vacate the judgment, which accomplishes the same purpose as the judgment release. Keep in mind you might need to present evidence of having fulfilled the debt. This is why it is so important to keep detailed records. The court will likely need to see the canceled check(s), correspondence with the lender, and anything else that supports your having paid the debt.

It is also a good idea to consult your attorney the moment you believe there might be an issue with a judgment release. This ensures your rights are protected and the hard work you put into repaying your debt is honored.

If you are facing a judgment or you deserve a judgment release and have not received one, we can help. Contact the Law Offices of Robert M. Geller at 813.254.5696 to discuss your situation or schedule a bankruptcy lawyer consultation.

Archive

Video Testimonials

Tampa Bankruptcy Law Blog

Can You File Bankruptcy on a Title Loan?

If you're struggling with debt and have a title loan, you may wonder if bankruptcy can help you escape that...
Read More

Will Bankruptcy Affect My Security Clearance?

When you're facing financial difficulties, the prospect of bankruptcy can be daunting. This concern is amplified if you hold or...
Read More

What is Involuntary Bankruptcy?

Bankruptcy is a legal process that allows individuals or businesses to resolve their debts under the protection of a bankruptcy...
Read More

Is It Bad to File Bankruptcy at a Young Age?

Filing for bankruptcy is often viewed as a last resort for those overwhelmed by debt. While it is a significant...
Read More

How Far Back Does the Bankruptcy Trustee Look?

Filing for bankruptcy is a complex process that requires full transparency and cooperation with the bankruptcy trustee assigned to your...
Read More

Can Bankruptcy Be Reversed?

Bankruptcy is a legal process designed to help individuals and businesses eliminate or repay their debts under the protection of...
Read More

Can I Sell My House While in Bankruptcy?

Filing for bankruptcy can be a complex and stressful experience, especially when it comes to your significant assets like your...
Read More

Does Bankruptcy Clear Attorney Debt?

Filing for bankruptcy is a complex process that often requires the expertise of a bankruptcy attorney to navigate successfully. However,...
Read More

What to Ask a Bankruptcy Attorney?

Deciding to file for bankruptcy is a significant and often emotional step, and having the right legal guidance is crucial...
Read More

How Can I File Bankruptcy with No Money?

Filing for bankruptcy is often seen as a last resort for those overwhelmed by debt. It's a step that provides...
Read More

Bankruptcy

For The Next 5 Days GET A FREE BOOK About Bankruptcy

Learn More

Infographics

We are A Debt Relief Agency.
We help people file for bankruptcy under the Bankruptcy Code

Pay Online Bankruptcy Courses Newsletter Subscription

Call For A Free Initial Consultation

813.536.4468

Tampa Office

Law Offices of Robert M. Geller, P.A.
807 West Azeele Street
Tampa, FL 33606
T: (813) 328-6667
F: (813) 253-3405

Map And Directions

St. Petersburg Office

Law Offices of Robert M. Geller, P.A.
125 5th Street South
(Wells Fargo Financial Center)
2nd Floor, Suite G
St. Petersburg, FL 33701
T: (727) 274-9155

Map And Directions

Pasco Office

23526 State Road 54
Lutz, FL 33559
T: (813) 492-2663

Map And Directions