This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgment Against Property For Nri In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-0025LTR
Format:
Word;
Rich Text
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Description
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FAQ
In Alabama, a creditor can place a judgment lien on your real property (or your personal property or vehicle) in order to collect the judgment, and it will remain attached to your real property for 10 years, even if you sell the property.
In Alabama, a creditor can place a judgment lien on your real property (or your personal property or vehicle) in order to collect the judgment, and it will remain attached to your real property for 10 years, even if you sell the property.
Once the lien has arisen, it will continue until the liability for the amount assessed is satisfied, released or becomes unenforceable by reason of lapse of time (i.e. 10 years from the date the lien is filed) (Code Sections 40-1-2, 40-29-20, and 49-29-21).
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.
Rule 236 - Notice by Prothonotary of Entry of Order or Judgment (a) The prothonotary shall immediately give written notice of the entry of (1) a judgment entered by confession to the defendant by ordinary mail together with a copy of all documents filed with the prothonotary in support of the confession of judgment.
Rule 236 governs the notice to be given by the prothonotary of the entry of an order or judgment.
Put simply, the first-to-file rule is a rule of general application in our jurisdiction, which asserts that the applicant who first files their patent receives priority. Apparently, this is a departure from the “first to invent” rule, which historically gave priority to the inventor who first created the innovation.
Code r. 2227 - Compulsory joinder. (a) Persons having only a joint interest in the subject matter of an action must be joined on the same side as plaintiffs or defendants.
The Court may enter an order allowing the Sheriff to take other action against you, including, for example, directing the seizure or sale of your personal property, contents of your home or office, automobiles, non-publicly traded stocks and interests in partnerships and limited liability companies, seizure of rent or ...
