Enrolled Bill Summary

House Bill 2557 amends provisions of the Civil Practice and Remedies Code relating to the payment of certain judgments. The bill specifies that if a creditor refuses to accept payment of a judgment on a claim from a debtor, or if the creditor refuses to issue a release of judgment after accepting payment, the court is required to set the matter for hearing on a party's motion or on the court's own motion to determine whether or not a release should be filed. The bill authorizes a court to direct the debtor to prepare and file a recordable release of the judgment with the court clerk after finding that the judgment has been paid into the registry of the court or that the creditor has accepted payment and refused to execute a release of judgment.