Judgment Lien On Personal Property For Probate In Cuyahoga

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

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

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FAQ

Here are the California System 1 property exemptions: The Homestead Exemption protects up to $600,000 in your principal residence, which could be a home, boat, condo, or even a planned development. The Motor Vehicle Exemption protects up to $3,625 of equity in your car or other vehicle.

In Ohio, the homestead exemption applies to real and personal property that you or your dependents use as a residence, including your home, inium, or mobile home. Filers can protect up to $182,625 in home equity if they reside in the property when they file the bankruptcy case. (Ohio Rev. Code § 2329.66.)

A judgment lien does not attach to any property the judgment debtor acquires after the judgment lien is filed and it will not affect any property owned by the judgment debtor in another county. Of course, a judgment lien can be transferred to other counties. 3. How long does a judgment lien last?

Regardless of whether any payments are made, your judgment does not last forever. In Ohio, judgments go “dormant” in 5 years after the latter of: (a) when the judgment was issued, or (b) the last time it was used to create a lien, generate a seizure, obtain a garnishment order, or any other similar effort.

And some states also allow judgment liens on the debtor's personal property -- things like jewelry, art, antiques, and other valuables. In Ohio, a judgment lien can be attached to real estate only (such as a house, land, or similar property interest).

Exemptions from garnishment, including, but not limited to, worker's compensation, unemployment compensation, disability payments, OWF payments, or child support or spousal support, and most pensions. Employer cannot fire you for having a wage garnishment for child or spousal support.

A creditor can obtain a judgment lien by filing a certificate of judgment with the clerk of the court of common pleas in any county where the debtor owns or may own real property in the future. Real property includes land and fixtures on land such as a single-family home or condo.

2 And given that, under Ohio law, judgment liens do not attach to after-acquired property, this should not really be a title company issue, assuming it is clear as a matter of record that the tax debt was discharged.

Assets Exempt from Probate in Ohio Assets held in a living trust. Proceeds from life insurance policies with designated beneficiaries. Retirement accounts with named beneficiaries. Payable-on-death bank accounts.

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Judgment Lien On Personal Property For Probate In Cuyahoga