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What is the difference between a satisfied judgment and a cancelled judgment?

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What is the difference between a satisfied judgment and a cancelled judgment?

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If a judgment has been paid in full within one month of it being issued (e.g. Judgment entered on 01/02/06, paid in full 25/02/06) your judgment will be marked as cancelled and will be removed from the Register of Judgments, Orders and Fines.

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