Judgement Lien Foreclosure In King

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

Description

The Judgement Lien Foreclosure in King form is a crucial legal document used to formalize the enrollment of a judgment lien against a debtor's real property. This form notifies relevant parties of the existence of a judgment resulting from a court decision, which can impact all real estate owned by the debtor in King County. Key features of this form include the ability to specify the parties involved, the court where the judgment was enrolled, and the counties where the debtor may hold property. Users are instructed to customize the template with case-specific details including names, dates, and addresses. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it streamlines the process of securing lien rights and facilitates the collection of debts owed. It also serves as an initial communication tool to inform involved parties about the judgment, thus promoting transparency and encouraging resolution. Legal professionals can efficiently utilize this model letter to draft communications that adhere to legal standards while ensuring all necessary parties are notified. By tailoring the language to fit specific circumstances, users can enhance their legal correspondence with precision and clarity.

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FAQ

A judgment lien in New York will remain attached to the debtor's property (even if the property changes hands) for ten years.

How Long Are Judgments Valid in New York? Judgments are valid for 20 years and may be extended once for an additional period of 10 years.

A judgment lien existing against real property at the time of a judgment debtor's death shall expire two years thereafter or ten years after filing of the judgment-roll, whichever is later.

The new law does not disturb New York's six-year statute of limitations on mortgage foreclosure actions. It simply restores a common-sense principle: no party may unilaterally stop and restart the statute of limitations to revive what would otherwise be a time-barred action.

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.

A judgment is good for 20 years, but if the plaintiff wants to enforce the judgment against land it is only good for 10 years unless the plaintiff renews it for another 10 years.

Filing a Lien at the County Clerk's Office A Judgment Creditor can make their City Court Judgment more powerful by filing their judgment in the County Clerk's Office. This is accomplished by the Judgment Creditor requesting a "Transcript of Judgment" from the City Court Clerk.

What Do You Do When There Is A Judgment Lien On Your Property, But The Judgment Has Expired? Judgments have expiration dates. If they are not timely renewed, they expire. In CA that is 10 years.

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Judgement Lien Foreclosure In King