DMV Form FR-230 PDF Details

Navigating the aftermath of a vehicle accident involves more than just repairs and insurance claims; it also sometimes requires dealing with legal and financial responsibilities. In South Carolina, the Department of Motor Vehicles offers a solution for drivers who need to settle claims for damages or personal injuries through the Financial Responsibility Installment Agreement, officially known as Form FR-230. This agreement allows individuals involved in an accident to agree on a payment plan for the settlement of claims without immediate full payment. The form outlines the payment amount, frequency, and terms under which the debtor agrees to compensate the creditor or their representative. It becomes a binding contract once both parties sign and a notary public certifies it, highlighting the seriousness of the commitment made by the payer. Additionally, the document specifies that completion of payments will result in the release of all claims against the payer, a crucial step in moving past the incident. Furthermore, for those cases that have led to a suspension of driving privileges due to unsatisfied judgments, court approval of this agreement can be a pathway to reinstating one's license, provided that all terms are met in accordance with South Carolina's laws.

QuestionAnswer
Form Name DMV Form FR-230
Form Length 2 pages
Fillable? No
Fillable fields 0
Avg. time to fill out 30 sec
Other names FR-230, what is fr230 scdmv, fr 230 sc dmv, sc fr230 form online

Form Preview Example

South Carolina Department of Motor Vehicles

FINANCIAL RESPONSIBILITY INSTALLMENT AGREEMENT

FR-230

(Rev. 7/06)

Accident Case No:

 

 

 

 

Judgment Case No:

 

 

 

 

Date of Accident:

 

 

 

 

Location/County:

 

 

 

 

 

Drivers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As a result of the above accident, I

 

 

 

 

 

 

 

 

 

 

agree to settle

claims for damages and/or personal injuries suffered by you

 

 

 

 

on the following terms:

 

 

 

 

 

 

 

 

 

 

 

 

 

I agree to pay the sum of

 

 

 

 

($

 

 

 

 

)

 

 

To you or your personal representative at the rate of $

 

 

 

 

 

or more per

 

 

. The first payment is due

 

 

.

 

 

As soon as I have made all payments, you will release me from all claims and causes of action you have against me from damages or personal injuries as a result of the above accident.

By signing and accepting this agreement, we (both parties) agree that this agreement may be used by the South Carolina Department of Motor Vehicles in the administration of the Financial Responsibility Act.

State of

 

 

Date

 

County of

 

 

 

 

 

 

 

 

Signature of Person Paying

 

 

 

 

 

 

 

 

 

 

 

Driver’s License No.

 

 

 

 

 

 

 

 

 

 

 

Date of Birth

Person Paying:

 

 

 

personally appeared before me, a

notary in and for said county and state, and acknowledges that he/she executed the above agreement.

Signature of Notary Public

Print Name of Notary Public

Commission Expires

For State of

SEE SECOND PAGE

ACCEPTANCE

I accept the foregoing agreement and acknowledge that I will execute a release upon completion of its terms.

State of

 

Date

County of

Signature of Person Receiving

Driver’s License No.

 

Date of Birth

Person Receiving:

 

personally appeared before

me, a notary in and for said county and state, and acknowledges that he/she executed the above agreement.

Signature of Notary Public

Print Name of Notary Public Commission Expires

For State of

IF THE AGREEMENT IS APPROVED BY THE COURT, THIS SECTION MUST

BE COMPLETED AND SIGNED BY THE JUDGE.

COURT APPROVAL IS ONLY APPLICABLE IF SUSPENSION RESULTED

FROM AN UNSATISFIED JUDGMENT.

THE COURT HEREBY APPROVES THIS AGREEMENT PURSUANT TO SECTION 56-9-490 OF

LAWS FOR SOUTH CAROLINA, AS AMENDED.

JUDGE

 

DATE

 

COUNTY

 

 

 

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1. When filling in the APPLICABLE, make certain to incorporate all of the essential fields within the corresponding section. It will help to facilitate the work, enabling your information to be processed without delay and correctly.

Filling in section 1 of sc dmv fr 230

2. When the prior selection of fields is completed, go on to enter the relevant information in all these: State of, County of, Date, Signature of Person Paying, Drivers License No, Date of Birth, SEE SECOND PAGE, and Page of.

Drivers License No, Page  of, and State of in sc dmv fr 230

3. This stage will be simple - fill in every one of the empty fields in I accept the foregoing agreement, State of, County of, Date, Signature of Person Receiving, Drivers License No, Date of Birth, Person Receiving, personally appeared, before me a notary in and for said, and above agreement to complete this process.

County of, Date, and above agreement inside sc dmv fr 230

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Simple tips to complete sc dmv fr 230 stage 4

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