This law section outlines the responsibilities of judgment creditors in Pennsylvania to promptly record satisfaction of judgments upon request, including penalties for willful delays. It also clarifies the scope of exemptions from execution, emphasizing that exemptions granted by this subchapter are in addition to other statutory exemptions, but not cumulative when specific sums are involved.
A judgment creditor must, upon written request and payment of a fee, record the satisfaction of judgment in the court office, which discharges the judgment permanently.
Yes, if a creditor unreasonably or willfully delays beyond 90 days without good cause after notice, they must pay liquidated damages of 1% of the judgment amount per month of delay, capped between $250 and $2,500.
Exemptions specified in this subchapter are additional to other statutory exemptions, but when both apply to a specific sum of money, they are not cumulative.
Yes, subsection (b) was amended by Act 32 in 1997, affecting penalties for delays in recording satisfaction of judgments.