Notice Judgment Lien Form With 2 Points In Fairfax

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

Description

The Notice Judgment Lien Form with 2 Points in Fairfax serves a critical role in legal proceedings by formally documenting a judgment that creates a lien against real property owned by the debtor. This form is essential for attorneys, partners, owners, associates, paralegals, and legal assistants who are managing cases related to debt collection or property disputes. Key features of this form include its ability to record the judgment in the county where the property is located, thereby notifying relevant parties of the lien. Filling and editing instructions are straightforward: users must accurately input the date, names of the parties involved, and details regarding the enrolled judgment and property location. This form is utilized specifically when a creditor seeks to secure their interest in the debtor’s real estate, ensuring legal recognition of the debt owed. Moreover, professionals are encouraged to identify additional counties where property may exist to further protect their interests by enrolling the judgment in those locations as well. By utilizing this form, legal practitioners can effectively safeguard their clients' financial rights within the property landscape.

Form popularity

FAQ

Confession of judgment under the provisions of § 8.01-432 may be made either by the debtor himself or by his duly constituted attorney-in-fact, acting under and by virtue of a power of attorney duly executed and acknowledged by him as deeds are required to be acknowledged, before any officer or person authorized to ...

Once a court judgment is entered against you, creditors can access powerful debt collection tools they weren't previously able to use, like wage garnishment. In many cases, this means they can begin collection efforts right away. This could include garnishing your wages, freezing your bank account, or seizing property.

A judgment is enforceable for a twenty-year period from the date it is rendered. VA Code Ann. § 8.01-251(A). A creditor may prevent expiration of his judgment lien by making a motion to extend within the twenty-year period.

VA Code Ann. § 8.01-251(B). A judgment expires ten years from the date of entry.

How does a creditor go about getting a judgment lien in Virginia? To attach the lien, the creditor records the judgment on the county recorder's lien docket in any Virginia county where the debtor owns property now or may own property in the future.

How long does a judgment lien last in Virginia? A judgment lien in Virginia will remain attached to the debtor's property (even if the property changes hands) for ten years.

Judgments entered prior to 7/1/2021 expire 20 years from date entered and may be renewed for an additional 10 years. Entered after 6/30/2021 expire 10 years with right to renew for 10 years. If real estate was conveyed to a BFP, the lien is unenforceable 5 years after date of transfer.

The address of the Land Records Division is: Fairfax Circuit Court, 4110 Chain Bridge Road, Suite 317, Fairfax, VA 22030. The telephone number is 703/691-7320 (press 3, then 3). The office is open from a.m. – p.m. Monday through Friday.

Trusted and secure by over 3 million people of the world’s leading companies

Notice Judgment Lien Form With 2 Points In Fairfax