Judgment Note Form With Two Points In Bronx

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

Description

The Judgment Note Form with Two Points in Bronx is a vital legal document used to record a judgment against individuals or entities in a court of law. This form serves as an official lien against any real property owned by the parties involved in Bronx County, ensuring that the judgment can be enforced if necessary. Key features include spaces for the names of the judgment debtors, the relevant property details, and instructions for additional filings in other counties if applicable. Filling out this form requires accuracy in entering the names and addresses of the involved parties as well as the date of judgment. Legal professionals, including attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form useful for enforcing legal rights and securing financial interests. It is essential for these users to ensure that the form is properly completed and submitted to uphold the enforceability of the judgment. This form is particularly valuable in debt recovery cases, real estate transactions, and whenever a lien needs to be established against property. Its clear structure and instructions provide a user-friendly experience, enhancing accessibility for those with varying levels of legal experience.

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FAQ

If a Transcript of Judgment has been filed with the County Clerk, once the Debtor pays off the Judgment, the Creditor has a legal responsibility to prepare and sign a Satisfaction of Judgmentfor the benefit of the Debtor, so that all liens and record of Judgment can be removed from the County Clerk's office.

Any party may move for summary judgment in any action, after issue has been joined; provided however, that the court may set a date after which no such motion may be made, such date being no earlier than thirty days after the filing of the note of issue.

Disbursements are out of pocket expenses that the person who losses the case is responsible for, like filing fees. A judgment is good for 20 years, but if the plaintiff wants to enforce the judgment against land it is only good for 10 years unless the plaintiff renews it for another 10 years.

Personal Property Execution If a Judgment Creditor knows that the Judgment Debtor owns a car, truck, motorcycle or other personal property of significant value, the Judgment Creditor may file a Property Execution.

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.

A judgment is good for 20 years, but if the plaintiff wants to enforce the judgment against land it is only good for 10 years unless the plaintiff renews it for another 10 years.

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Judgment Note Form With Two Points In Bronx