What needs to be done when the judgemnt debtor makes payment?
It is required by law that the creditor files an Acknowledgment of Satisfaction of Judgment with the court upon full or partial payment of a judgment. If this form is not filed, liens cannot be removed from a debtor’s property and credit reporting agencies will continue to report outstanding judgments. The judgment creditor may be liable for damages if satisfaction of judgment is not filed with the court in a timely manner.
