Judgment Against Property With Rem In Bexar

State:
Multi-State
County:
Bexar
Control #:
US-0025LTR
Format:
Word; 
Rich Text
Instant download

Description

The Judgment Against Property with Rem in Bexar form serves as a crucial legal document for individuals and entities looking to establish a lien against real property in Bexar County. This form outlines the judgment obtained against specific parties and confirms its enrollment, thereby granting a legal claim on the real estate owned by those parties in the county. Notably, it includes a section for identifying additional counties where the parties might own property, which is essential for extending the judgment lien as necessary. The document is designed for diverse legal professionals, including attorneys, partners, owners, associates, paralegals, and legal assistants, providing them with a standardized way to enforce property claims. Filling out the form requires accurate and clear details about the parties involved and the property in question. Users should ensure compliance with local regulations when completing the form and pay careful attention to any additional requirements that may vary by jurisdiction. The form not only aids in protecting financial interests but also facilitates communication among legal representatives about additional properties potentially affected by the judgment. Overall, this form is a vital tool in real estate law practices, especially when pursuing judgments that impact property ownership in Bexar County.

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FAQ

Verify the Lien: Ensure the lien is valid and check for any errors that could invalidate it. Satisfy the Judgment: Paying the debt in full is the most straightforward way to remove the lien. Obtain a satisfaction of judgment from the creditor and file it with the court.

Texas exempts only two types of real property: (1) one or more cemetery plots: and (2) a homestead. Texas Property Code § 41.001(a). Either families or single adults may claim homesteads. The homestead may be either rural or urban.

Except as provided by Section 52.0011 or 52.0012, a first or subsequent abstract of judgment, when it is recorded and indexed in ance with this chapter, if the judgment is not then dormant, constitutes a lien on and attaches to any real property of the defendant, other than real property exempt from seizure or ...

Post-Judgment Discovery Court rules state the losing party must be given at least 30 days to respond to a request. The losing party may file a written objection with the court within 30 days of receiving the request. If an objection is filed, the judge must hold a hearing to determine if the request is valid.

If you do not have any assets that are not exempt from seizure, such as your primary place of residence, household items, your car, and the tools of your trade, someone who has obtained a judgment against you may be unable to collect on it.

After a creditor obtains a judgment against a debtor, they may then take action to seize the debtor's assets, including funds in bank accounts, vehicles, or other personal property.

A Texas judgment is valid for ten years from the date it is signed by the judge. After the expiration of ten years the judgment is dormant for two years. During that two year period of dormancy the judgment cannot be enforced.

After a creditor obtains a judgment against a debtor, they may then take action to seize the debtor's assets, including funds in bank accounts, vehicles, or other personal property.

If you do not have any assets that are not exempt from seizure, such as your primary place of residence, household items, your car, and the tools of your trade, someone who has obtained a judgment against you may be unable to collect on it.

Enforcing a Judgment There are several ways to collect on a judgment in Texas. In the most straight-forward way, you can begin the collections process by filing an “abstract of judgment” in the county clerk's office where you believe the judgment debtor owns non-exempt real property.

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Judgment Against Property With Rem In Bexar