Judgment Against Property For Nri In Middlesex

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

Description

The Judgment Against Property for NRI in Middlesex is a legal form that serves to formally record a judgment as a lien against real property owned by non-resident Indians (NRIs) in Middlesex County. This form is particularly useful for attorneys and legal professionals representing clients involved in debt recovery or property disputes. Key features include the ability to document the enrollment of a judgment and ensuring that it is recognized against properties owned in multiple counties. The filling and editing instructions are straightforward, guiding users to adapt the sample letter to their specific circumstances by inserting relevant names, dates, and property details. This form is suitable for use cases such as notifying clients or stakeholders about the judgment's status or seeking additional locations for property enrollment. Legal assistants and paralegals may find this form particularly valuable for assisting in case preparations and ensuring compliance with local regulations. Overall, the form promotes clarity in legal communications and solidifies the creditor's claim against the debtor's assets.

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FAQ

To record a judgment, you should request a Statement for Docketing from the Office of the Special Civil Part in the county where the case was heard. The Statement for Docketing must be filed with the Clerk of the Superior Court, Richard J. Hughes Justice Complex, P.O. Box 971, Trenton, N.J. 08625.

The Uniform Enforcement of Foreign Judgments Act (N.J.S.A. 2A:49A-25 et seq.) permits a judgment, decree, or order of the United States or of any other Court which is entitled to full faith and credit in this State to be filed with the Clerk of the Superior Court of New Jersey.

Judgments in New Jersey remain in effect for 20 years and may be renewed for an additional 20 years by filing a motion in the Superior Court, Law Division, Civil Part and/or in the Special Civil Part if the Special Civil Part case was assigned a DJ or J docket number.

The first step in judgment enforcement in New Jersey is obtaining a writ of execution which allows for the seizure of property to satisfy the judgment. This can include: Personal property such as cars and equipment. Business interest such as stocks.

A judgment in any court of record in this state may be revived by proper proceedings or an action at law may be commenced thereon within 20 years next after the date thereof, but not thereafter.

Judgements can become a first lien against a property. Lenders generally want to be first lien when it comes to mortgages. So yes, it will be deal breaker for most mortgage companies. I've seen mortgages get denied because of a $6000 judgement.

There are four major steps to collecting after a Massachusetts court judgment: Get a writ of execution. Locate the debtor's assets. Direct a deputy sheriff to seize the debtor's non-exempt assets. Have the sheriff sell off the debtor's non-exempt assets to satisfy the debt.

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Judgment Against Property For Nri In Middlesex