Judgment Lien Form Withdrawal In Illinois

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

Description

The Judgment Lien Form Withdrawal in Illinois is a legal document used to release a judgment lien from real property. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it helps clear title to properties affected by outstanding judgments. Key features of this form include the ability to specify the parties involved in the judgment and the detailed inclusion of property locations. Filling out the form requires accurate details regarding the judgment and the parties, ensuring all pertinent information is included. Users should adapt the model letter format provided to fit their specific facts and circumstances. This form is essential in cases where a judgment has been satisfied and is no longer applicable, allowing for the removal of the lien from the property records. Moreover, it enhances the clarity and ownership status of real estate, making it vital for transactions or refinancing. It serves to inform relevant parties of the withdrawal, thereby facilitating smoother property dealings and legal compliance.

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FAQ

2-1301. Judgments - Default - Confession. (a) The court shall determine the rights of the parties and grant to any party any affirmative relief to which the party may be entitled on the pleadings and proofs. Judgments shall be in the form required by the nature of the case and by the recovery or relief awarded.

If you wish to fight renewal of judgment, you must file a motion to vacate the renewal within 30 days of receipt notice of renewal.

Judgments have expiration dates. If they are not timely renewed, they expire. In CA that is 10 years. However, when a judgment lien has been recorded against your property, it has no expiration date.

Illinois law governs the time limit for enforcing judgment and states “no judgment shall be enforced after the expiration of 7 years from the time the same is rendered.”1 The same statute allows the 7-year limitation period to be extended “upon the revival of the judgment by a proceeding.”

Judgment liens do not last for the full twenty years that the judgment is enforceable. The lien will expire seven years from the time it is recorded. 735 ILCS 5/12-101. However, real estate that has been levied upon within the seven-year period is allowed one additional year to be sold to enforce the judgment.

How does a creditor go about getting a judgment lien in Illinois? To attach a lien, if the debtor's property is located in the same county where the judgment was entered, the creditor files the judgment with the county recorder.

On application a default judgment where the plaintiff has agreed in writing can be rescinded or varied. “On application” means that the applicant needs to serve on the plaintiff a copy of the application and file with the clerk of the court the application.

Illinois law governs the time limit for enforcing judgment and states “no judgment shall be enforced after the expiration of 7 years from the time the same is rendered.”1 The same statute allows the 7-year limitation period to be extended “upon the revival of the judgment by a proceeding.”

If you believe the judgment was satisfied, discharged, or improperly filed, you may have grounds to oppose the motion. You typically have a limited amount of time to respond, so act promptly. File a written response with the court where the motion was filed, outlining any defenses or objections you may have.

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Judgment Lien Form Withdrawal In Illinois