Judgment Against Property With Lien In Mecklenburg
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FAQ
Certain real or personal property used as a residence. Employee group life insurance benefits. Proceeds from public pension plans. Specific personal property such as a burial plot, health aids, or a motor vehicle.
The judgment debtor may have exemptions under State and federal law that are in addition to those listed on the form for the debtor's statement that is included with the notice, such as Social Security benefits, unemployment benefits, workers' compensation benefits, and earnings for the debtor's personal services ...
Exempt property is any property that creditors cannot seize and sell in order to satisfy debt during chapter 7 or chapter 13 bankruptcy. The type of property exempted differs from state to state but often includes clothes, home furnishings, retirement plans, and small amounts of equity in a house and car.
In terms of the debt collection laws in NC, the debtor then has a 30-day period in which it may appeal the judgment. Thereafter, the creditor may submit a Writ of Execution to the clerk of superior court in the county in which the judgment was granted, and once issued, submit the writ to the sheriff.
Household exemption typically includes clothing, furnishings, appliances, books, and other household items that are used as part of everyday residential existence.
The most common ways you may find out that there are outstanding judgements against you in one of the following ways: letter in the mail or phone call from the collection attorneys; garnishee notice from your payroll department; freeze on your bank account; or. routine check of your credit report.
NORTH CAROLINA A judgment is a lien on real property for ten years from the entry date. N.C. Gen. Stat. § 1-234.
– On motion and upon such terms as are just, the court may relieve a party or his legal representative from a final judgment, order, or proceeding for the following reasons: (1) Mistake, inadvertence, surprise, or excusable neglect; (2) Newly discovered evidence which by due diligence could not have been discovered in ...
In North Carolina, a lien claimant has 120 days from the date of last furnishing to complete these 3 steps: Fill out a mechanics lien form that meets NC requirements. File the lien with the county recorder's office. Serve a copy of the lien on the property owner.
