This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgment Against Property Foreclosure In Alameda
Category:
State:
Multi-State
County:
Alameda
Control #:
US-0025LTR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Enforcing Your Judgment Get in touch with the judgment debtor. Levy (seize) assets that you have personal knowledge of. Examine judgment debtor in court to locate unknown assets. Suspend the judgment debtor's driver's license if the judgment is for auto accident.
What Do You Do When There Is A Judgment Lien On Your Property, But The Judgment Has Expired? Judgments have expiration dates. If they are not timely renewed, they expire. In CA that is 10 years.
And a homeowner may find it difficult to sell any property that has a lien against it. Prospective buyers may avoid a property to which someone else has a claim.
The judgment lien is not going to impact a homesteaded property so the mortgage lender would be able to obtain a first lien on your property. So, as long as you otherwise qualify for a mortgage, the judgment lien should not be a problem.
This is a breakdown of the steps involved in foreclosing on a lien. File a mechanics lien. Filing a mechanics lien is the actual first step in the lien foreclosure process. Send notices. Hire a lawyer. Prepare your case. File your case. Serve the owners. Wait for your day in court. Collect on your judgment.
A judgment lien is a court ruling that gives a creditor the right to take possession of a debtor's property if the debtor fails to fulfill their contractual obligations.
For additional information regarding real property levies, please contact the Sheriff's Civil Section at (510) 272-6899.
If a creditor puts a lien on your property, you may make an offer to settle the amount for less than you owe. As part of the negotiations, get the creditor to release the lien. Consider hiring a debt settlement lawyer to help you if you need help in the negotiations.
