The Michigan MC 17 form, officially known as the Certificate of Satisfied Judgment, is a legal document used within the Michigan Judicial system. This form is filed with the court to officially acknowledge that a judgment (a court's decision regarding the rights and obligations of parties in a lawsuit) has been fully satisfied, meaning that any financial or other obligations ordered by the court have been completely fulfilled.
This form is required to be filed by individuals or entities (plaintiffs or defendants) who have received or paid a court judgment in the state of Michigan. It serves to officially communicate to the court that the debt or obligation specified in the judgment has been settled in full.
The MC 17 form should include:
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The case number and court address.
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The names, addresses, and telephone numbers of both the plaintiff(s) and defendant(s).
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The date the judgment was entered by the court.
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Declaration of satisfaction, which can be marked by the plaintiff, their attorney, the court clerk, or the judge, depending on who is verifying the satisfaction of judgment.
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A certificate of mailing section, certifying that copies of the satisfaction of judgment have been mailed to all parties involved.
Completing the form accurately is crucial for ensuring the court acknowledges the satisfaction of judgment.
The MC 17 form must be filed with the court where the original judgment was entered. The specific address and court details can usually be found on the original judgment documents or by contacting the court directly.
Once the MC 17 form is filed, the court will review the information provided. If everything is in order, the court will update its records to reflect that the judgment has been satisfied. The filing of this form is crucial for the defendant, as it officially removes any legal obligation to pay under the original judgment and can help in restoring creditworthiness or releasing liens placed as a result of the judgment.
Typically, courts do not charge a fee for filing the MC 17 form. However, it's always a good idea to check with the specific court where you are filing the form, as procedures and policies can vary.
No, the MC 17 form is specifically used to indicate that a judgment has been entirely satisfied. If a judgment is only partially satisfied, this form would not be appropriate. Consultation with a legal professional can provide guidance on the proper steps to take for partial satisfaction of judgments.
The time it takes for the court to record the satisfaction of judgment after the MC 17 form is filed can vary. It often depends on the court's workload and specific processes. Generally, it should be recorded within a few weeks, but it's a good idea to follow up with the court if you need confirmation.
If the MC 17 form is not filed after a judgment is satisfied, the judgment may still appear as outstanding on court records. This oversight can affect the debtor's credit rating and prevent them from conducting transactions that require a clear legal standing, such as applying for a mortgage. Therefore, it's crucial to ensure this form is filed promptly once a judgment is satisfied.