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 of, release and/or judgment:
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—Calvin Coolidge (1872–1933)
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“It shall be said his judgment ruled our hands.
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—William Shakespeare (1564–1616)