Judgement Release Form Template for England and Wales

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Judgement Release Form

"I need a Judgment Release Form to document full satisfaction of a Ã‚Â£50,000 commercial debt judgment obtained in Manchester County Court, with the release to be effective from January 15, 2025, and including confidentiality provisions."

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What is a Judgement Release Form?

A Judgment Release Form is essential when a judgment debtor has satisfied their obligations under a court judgment in England and Wales. This document is typically used after full payment has been made or when parties have reached an agreement regarding the judgment's satisfaction. The form includes crucial information such as the original judgment details, amount paid, and terms of release. It provides legal protection for both parties by formally documenting the discharge of the judgment and preventing future claims or enforcement actions related to the same judgment.

What sections should be included in a Judgement Release Form?

1. Parties: Identification of judgment creditor and debtor including full legal names and addresses

2. Background: Details of original judgment including case number, court, date of judgment, and amount awarded

3. Definitions: Key terms used in the document including 'Judgment', 'Release Date', 'Settlement Amount'

4. Release Terms: Specific terms of judgment satisfaction and release, including acknowledgment of payment and release of claims

5. Payment Details: Amount and method of payment, including confirmation of receipt if applicable

6. Execution: Signature blocks and witnessing requirements for all parties

What sections are optional to include in a Judgement Release Form?

1. Partial Release: Specific terms for releasing only part of the judgment or releasing specific defendants while maintaining claims against others

2. Confidentiality: Terms regarding confidentiality of settlement and restrictions on disclosure to third parties

3. Future Claims: Waiver and release of related future claims and causes of action

What schedules should be included in a Judgement Release Form?

1. Schedule 1 - Original Judgment Details: Copy or detailed summary of the original judgment including all relevant court details

2. Schedule 2 - Payment Schedule: Detailed schedule of installment payments if the settlement is not being paid as a lump sum

3. Schedule 3 - Related Orders: Copies or summaries of any related court orders affecting the judgment or its enforcement

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

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What is a Judgement Release Form?

What sections should be included in a Judgement Release Form?

What sections are optional to include in a Judgement Release Form?

What schedules should be included in a Judgement Release Form?

Authors

Alex Denne

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