small claims judgment, paid by insurance co., how to record
Small claims judgment finds for Little League (plantif)for scoreboard said to be donated by defendant. Court said defendant to return property by 3/02, plantif to send payment plan by 12/01 then pay, if returned by 9/03.
Defendant did not return property. Insurance company has now paid plantif for scoreboard and asks for subrogation letter to be signed.
How can we get the judgment for plantif vacated? We have been paid by the insurance company and do not want to have any outstanding debt owed by the Little League. Can we file a statisfaction of judgement although property was not returned? Does subrogation letter filed with the court satisfy the judgment automatically?