A lien against a judgment debtor’smust be recorded in the local registry of deeds in which the property of the debtor is located. The lien acts as a cloud, or defect, on the title to the property. Before the property can be sold or freely transferred, the lien must first be dissolved...
How Do I Become a Soft Collector? What Is Debtor-Creditor Law? What Is a Discharge of Debtor? How Do I Choose the Best Debtor Attorney? What Are Sundry Debtors? What are my Repossession Rights? What is a Judgment Debtor? Discussion Comments ...
A warrant in debt is a legal filing that provides notice to someone that he or she is being sued to recover a debt. If the person...
A judgment lien is a lien that attaches to a debtor's real estate and personal assets after a judgment is entered in court against him. Once the lien is created, the debtor cannot sell or refinance his real property without paying off the lien first. The
A judgment creditor is the party who wins a lawsuit and is owed money by the losing party, known as the judgment debtor. This term has been used in the legal system for centuries to refer to the successful plaintiff in a case. Once a judgment has been made, the creditor has the legal...
“Again, we [Christians] affirm that a judgment has been ordained by God according to the merits of every man” (To the Nations19 [A.D. 195]). “A good deed has God for its debtor [cf. Prov. 19:17], just as also an evil one; for a judge is the rewarder in every case [cf...
How do I Become a Bill Collector? What is a Judgment Debt? What is Accord and Satisfaction? Discussion Comments ByBrickBack— On Jul 01, 2011 @Sunny27 - I understand what you are saying but there are a lot of debt collection agencies that become very aggressive and often cross the line...
What can happen if a judgment is obtained in the creditor’s favor? Nothing good: A portion of your wages may be garnished until the debt is repaid A lien may be placed on your property, restricting your ability to sell your home or refinance your mortgage A bank levy may freeze and...
Judgment proof is a bit of a misnomer. It doesn't protect a debtor from judgments against them but from creditors who attempt to seize their property or garnish their income. However, debtors should be aware that judgment proof isn't a permanent condition, and if their financial situation imp...
For the winner of a lawsuit, a court judgment is only the first step in getting the money they are owed. Actually collecting the money from thedebtorcan be a long, arduous, and not always successful, process. However, judgments are legally enforceable. So, if the debtor does not voluntaril...