Judgment Lien Form Michigan In Clark

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

Description

The Judgment Lien Form Michigan in Clark is a legal document that establishes a lien on the real property of a judgment debtor under Michigan law. This form is essential for attorneys, paralegals, and other legal professionals looking to enforce a judgment by securing the creditor's interest in the debtor's assets. Key features of the form include the ability to specify the names of the judgment creditors and debtors, as well as the relevant county where the judgment is recorded. Filling out the form involves providing accurate details, including the date of judgment and any additional counties where the debtor may own real estate. Editing instructions emphasize clarity in presenting information and ensuring that all necessary signatures are obtained. This form is particularly useful for lawyers managing diverse cases and for legal assistants aiding in the documentation process. Specific use cases include securing payments in collections, real estate transactions, and providing notice to the debtor regarding their obligations. Overall, the Judgment Lien Form Michigan in Clark is a critical tool for protecting creditor rights and ensuring compliance with legal judgments.

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FAQ

Record the Claim of Lien in the County Register of Deeds where the Owner's property is located, within 90 calendar days after last labor or material. Serve a copy of the recorded Claim of Lien on the Owner's Designee within 15 days from date of recording by certified mail or personal delivery.

A judgment creditor can file a lien with the court 22 days after the judgment is entered against the debtor, provided that the debtor has not appealed or moved to set the judgment aside. The lien is then sent to the register of deeds for recording in the county where the debtor lives.

The most common method is garnishment. In addition, the Plaintiff may get a writ of execution to seize the Defendant's property to satisfy the debt. If the Plaintiff does not know what assets the Defendant owns, the Plaintiff may compel disclosure through a civil discovery subpoena.

2809. (1) Unless subsection (2) or (3) applies, a judgment lien expires 5 years after the date it is recorded. (2) Unless subsection (3) applies, if a judgment lien is rerecorded under subsection (4), the judgment lien expires 5 years after the date it is rerecorded.

Within 28 days after payment in full of the amount due on a judgment that is the basis for a judgment lien, the judgment creditor or the judgment creditor's attorney shall record a discharge of judgment lien with the office of the register of deeds where the judgment lien is recorded.

2809. (1) Unless subsection (2) or (3) applies, a judgment lien expires 5 years after the date it is recorded. (2) Unless subsection (3) applies, if a judgment lien is rerecorded under subsection (4), the judgment lien expires 5 years after the date it is rerecorded.

Homeowners can sell properties with liens. For a buyer to take possession of the property, the seller will need to clear title and satisfy all outstanding liens.

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Judgment Lien Form Michigan In Clark