This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgment Against Property For Sale In Georgia
Category:
State:
Multi-State
Control #:
US-0025LTR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Generally, the party seeking to sell or transfer the property will need to satisfy the judgment by paying the amount owed to the judgment creditor, or negotiate a settlement or release with the creditor.
In Georgia, you can attach judgment liens to both real estate—land, buildings, and other improvements—and personal property like cars, artwork, antiques, electronics, and more.
Once a judgment is issued, the creditor has the right to take further actions to collect the debt, such as wage garnishment, bank account levies, or placing liens on your property.
A judgment becomes dormant and unenforceable when seven years lapse after the granting of the judgment, but may be revived by an additional entry within seven years from the initial judgment. Ga. Code Ann. § 9-12-60.
Creditors cannot take your home in Georgia, but they can place a judgment lien on it.
Once a judgment is issued, the creditor has the right to take further actions to collect the debt, such as wage garnishment, bank account levies, or placing liens on your property.
In Georgia, a judgment lien can be attached to the debtor's real estate -- meaning a house, condo, land, or similar kind of property interest -- or to the debtor's personal property -- things like jewelry, art, antiques, and other valuables.
In cases where the judgment is entered by default, action can be taken immediately to satisfy the judgment, either by garnishment or levy upon the property of the defendant in fi fa. Other judgments may not be enforced for a period of ten days after entry of the judgment.
