Judgment Against Property For Sale In Contra Costa

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

Description

The Judgment Against Property for Sale in Contra Costa form serves as an important legal tool for documenting a judgment that acts as a lien on real property owned by the debtor in Contra Costa County. This model letter is designed for attorneys, partners, owners, associates, paralegals, and legal assistants who may need to inform stakeholders about a judgment that could affect property sales. Key features of the form include the ability to list the parties involved, the location of the judgment enrollment, and the potential need to enroll in additional counties where the debtor may own property. Users must complete the form with accurate details about the judgment and the individuals or entities involved. When filling out the form, users should ensure they adapt the template to reflect specific facts and circumstances relevant to their case. This form is particularly useful in real estate transactions and debt recovery situations, where establishing a lien can impact the sale of property. Overall, the form provides a straightforward approach for communicating significant legal information regarding property liens.

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FAQ

Judgements can become a first lien against a property. Lenders generally want to be first lien when it comes to mortgages. So yes, it will be deal breaker for most mortgage companies. I've seen mortgages get denied because of a $6000 judgement.

Exemption from the Enforcement of Judgments Type of PropertyCode Automobiles, Trucks, and other motor vehicles, including proceeds traced to the sale of the vehicle. CCP § 704.010 Art and Heirlooms & Jewelry CCP § 704.040 Relocation Benefits CCP § 704.180 Health Insurance Benefits and Disability Insurance Benefits CCP § 704.13027 more rows

Write the name and last known address of the judgment debtor in the space provided. You may also include any known aliases used by the judgment debtor. Fill in the last 4 digits of the judgment debtor's driver license number and state where it was issued, if you know them.

6 Ways To Protect Assets From Lawsuits Or Creditors Limited Liability Company (LLC) Trust (Irrevocable) Insurance Policies. Homesteads. Titling – Play Safely. Transfer The Assets.

The short answer is yes, but it's not always easy or common for a judgment creditor to take your car. If a creditor sues you and wins, they can request a judgment lien against your property, including your car.

Exemption from the Enforcement of Judgments Type of PropertyCode Automobiles, Trucks, and other motor vehicles, including proceeds traced to the sale of the vehicle. CCP § 704.010 Art and Heirlooms & Jewelry CCP § 704.040 Relocation Benefits CCP § 704.180 Health Insurance Benefits and Disability Insurance Benefits CCP § 704.13027 more rows

An involuntary lien can occur without your knowledge, depending on the circumstances. A creditor often places a judgment lien after suing you and winning the case.

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Judgment Against Property For Sale In Contra Costa