Judgment Against Property For Nri In Bronx

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

Description

The Judgment Against Property for NRI in Bronx serves as an essential legal document that establishes a lien on the real property of a non-resident Indian (NRI) within the Bronx County. This judgment is crucial for securing payment for debts owed by individuals identified in the document. The key features of this form include clear identification of the parties involved, specifics of the judgment, and instructions for enrolling the judgment in additional counties if necessary. Users must correctly fill in the date, names of the parties, and county information to ensure proper legal standing. Attorneys, partners, owners, associates, paralegals, and legal assistants find this form beneficial for enforcing judgments, protecting interests in real estate, and facilitating multi-county enforcement as required. Editing instructions suggest adapting the template to reflect the specific facts and circumstances of each case, ensuring relevance and accuracy. This document not only aids in legal compliance but also enhances the recovery process for outstanding debts related to property owned by NRIs.

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FAQ

The following kinds of personal property are exempt from debt collection and cannot be seized: Household goods, like furniture, clothing, and appliances. Medical equipment, such as a wheelchair. One television, one radio, one computer and one cell phone.

Bank accounts, including bank names, account numbers, and account type (savings or checking) Brokerage accounts and securities holdings, including company names and account numbers. Real estate holdings, including addresses. Vehicles owned, including the makes, models, years, and license plate numbers.

In case the debt collector prevails in a court of law, it would get a judgment against you. That's when it could place a judgment lien on your house. In New York, a judgment is valid for 20 years, ing to Legal Assistance of Western New York.

How Long Are Judgments Valid in New York? Judgments are valid for 20 years and may be extended once for an additional period of 10 years. To extend a judgment for an extra ten (10) years, the Judgment Creditor must make written application to the court that issued the original judgment.

To conduct a New York property lien search by address: Visit or contact any of the following entities in person or through their websites: The county clerk's office or website. The tax assessor's office or website.

To file a notice of lien, you must complete the Public Improvement Lien Form. You must also sign and notarize both the Lien Form and the Affidavit of Service. You can submit everything to DOF by mail or in person. Learn more about the Manhattan Business Center.

In a Nutshell But you can have this judgment vacated or removed. To do so, you need to have a reasonable excuse for not appearing in court and a defense to the allegations against you. You also have grounds to vacate if the person suing you didn't properly serve the required documents.

How long does a judgment lien last in New York? A judgment lien in New York will remain attached to the debtor's property (even if the property changes hands) for ten years.

A Judgment against the Debtor remains as a lien against real property for a period of ten (10) years, renewable for an additional ten (10) years.

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Judgment Against Property For Nri In Bronx