Judgment Against Property For Sale In Georgia

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

Description

The Judgment Against Property for Sale in Georgia is a legal document used to formalize a judgment that creates a lien against the real property owned by the individuals specified. This document is crucial for ensuring that the judgment is publicly recorded, creating a claim on the property in question. It should be filled with accurate details such as the names of the individuals against whom the judgment has been obtained, the date of enrollment, and the county where the property is located. Attorneys, partners, and legal assistants can utilize this form to protect their clients’ interests by ensuring that judgments are enforced properly. Paralegals and associates may also assist in the preparation and filing, ensuring all necessary information is accurately represented. The form can be adapted as needed to reflect various facts and circumstances, making it versatile for different legal situations. It is essential for users to carefully review the completed document to prevent any errors that could affect the enforcement of the judgment. This form serves as a vital tool in property law, ensuring that financial obligations tied to property are respected and enforced.

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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.

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Judgment Against Property For Sale In Georgia