Notice Judgment Lien Form With Two Points In Fairfax

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

Description

The Notice Judgment Lien Form with Two Points in Fairfax serves as a crucial document for notifying stakeholders about the imposition of a judgment lien against real property. This form is designed to clearly communicate that a judgment obtained against specific individuals has been enrolled, indicating that the lien affects all real property owned by them in Fairfax County. Key features of the form include the ability to specify the names of the judgment debtors, the date of the judgment, and the real property details. Filling out the form requires accurate input of all relevant information, ensuring that it aligns with local requirements. Legal professionals, including attorneys and paralegals, benefit from this form by facilitating the collection of debts through property liens. It is also valuable for business partners and owners who may need to protect their financial interests against a debtor's assets. Editing the document to fit specific circumstances is permitted, and users should ensure that any modifications do not alter the essential legal notifications. This form exemplifies the systematic approach needed to manage judgment liens and protect creditor rights effectively.

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FAQ

Yes, a lien may be placed on property that is jointly owned.

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

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.

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 ...

Judgment Liens: State Va. Code §8.01-458 and 8.01-251 Expire 20 years from date entered, and may be renewed for an additional 20 years If real estate has been conveyed to a BFP, the lien is unenforceable 10 years after date of transfer. Known as “10 year out of title” rule.

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.

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.

A judgment-creditor may ask the court for these things to help collect a judgment. Summons to answer debtor interrogatories. Garnishment of your income. Levy (or attachment) to sell your personal property.

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Notice Judgment Lien Form With Two Points In Fairfax