This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgment Lien On Real Property In Dallas
Category:
State:
Multi-State
County:
Dallas
Control #:
US-0025LTR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Technically, you can have multiple liens on your house in addition to mortgages.
In Texas, you can attach judgment liens only to real estate, meaning land, buildings, and other improvements. When you properly record a Texas judgment abstract (see below), the lien attaches to real estate the judgment debtor: presently owns, and. acquires later, as long as your judgment lien is still good.
General Lien – A claim against some or all of a debtor's property; any property may be sold to satisfy the debt. Specific Lien – A claim against a specific piece of property; only that individual property may be used to collect against the debt.
The first step in lien release or removal is to contact the judgment creditor or its attorneys, inform them that the lien is invalid (see Part One below) or is currently showing against the homestead (see Parts Two and Three below) and then make formal demand that the creditor execute a partial release—or legal action ...
Texas is one of a few states that allows for 100% homestead protection, meaning your primary residence cannot be seized to satisfy most judgments. Additionally, Texas law provides exemptions for personal property, retirement accounts, and certain types of insurance policies.
With Texas Easy Lien, you can prepare your own construction lien and bond claim documents online. No expensive attorney, finding a notary or waiting. Within minutes, you can do it yourself and save thousands of dollars.
To file a lien claim, you will need: Property owner's name (or company name) and mailing address. Project address and the county where it is located. The amount owed for each month you performed the work that remains unpaid. A brief description of the work you performed.
Four Steps to Filing a Lien in Texas Be Prepared on Every Job: Record Essential Information. Unfortunately, subcontractor nonpayment is common in the private commercial construction industry. Send a Pre-lien Notice. File a Mechanic's Lien Affidavit. 4. Mail a Notice to the Property Owner and General Contractor.
Satisfy the Judgment: Paying the debt in full is the most straightforward way to remove the lien. Obtain a satisfaction of judgment from the creditor and file it with the court.
You are judgment proof if: You do not own anything of great value aside from exempt property like your homestead, a vehicle, household items and tools of your trade. Your income is from a protected (exempt) source.
