This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgment Against Property With No In Michigan
Category:
State:
Multi-State
Control #:
US-0025LTR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
A contractor, subcontractor, supplier, or laborer who provides an improvement to real property may acquire a construction lien under the Michigan Construction Lien Act (CLA).
A judgment creditor can file a lien with the court 22 days after the judgment is entered against the debtor, provided that the debtor has not appealed or moved to set the judgment aside. The lien is then sent to the register of deeds for recording in the county where the debtor lives.
Judgment liens may simply be filed and recorded by an attorney. There is no personal confrontation with the defendant and no personal property is seized. Service of the judgment lien on the judgment debtor is by certified mail if the judgment is less than $25,000.
2809. (1) Unless subsection (2) or (3) applies, a judgment lien expires 5 years after the date it is recorded. (2) Unless subsection (3) applies, if a judgment lien is rerecorded under subsection (4), the judgment lien expires 5 years after the date it is rerecorded.
Collect Before the Judgment Expires A judgment from a Small Claims case expires six years after it is issued. Most other judgments in Michigan expire 10 years after they are issued. You can renew a judgment before it expires by filing a motion to renew a judgment.
The concept of “nonexempt property” appears in the context of Chapter 7 bankruptcy proceedings and refers to property of the debtor's estate that does not qualify for a statutory exemption .
