How long does a judgment holder have to satisfy a judgment after the debt has been paid in the state of Texas
Country relating to Question: United States
Hello and thank you for the question. I am sorry to read of this dilemma. Are you asking about time frame for filing a satisfaction with the court? was the full judgment paid along with post judgment interest or such other agreed amount?
it was a reduced amount but I have documents from the creditors stating that everyone agreed to the amount
I guess my question is, once I pay the judgement off, is there a time limit for the creditor to submit a "satisfaction of judgement" to the court and if they to not do it in that time limit can fines for other penalties be applied the the creditor.
Courts expect that to be done within 60 days. Often creditor forgets to do it. If that happens, you may press the creditor. If they still refuse, you may file a motion to the court. The judge can order it satisfied and impose costs and legal fees on the creditor. Please remember to only rate my answer when you are satisfied with my response. IF you need more clarification, just click REPLY/CONTINUE THE CONVERSATION and let me know what else you want to know and I will be happy to continue and do everything I can to provide you with that information! Once you are satisfied and ready to rate, please only rate me 4 or 5 stars/faces! If you give any rating below 3, I do not get credit for my work. Thank you,P.S. If for some reason the rating feature is not working, let me know.
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