This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgment Against Property With Rem In New York
Category:
State:
Multi-State
Control #:
US-0025LTR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Personal Property Execution If a Judgment Creditor knows that the Judgment Debtor owns a car, truck, motorcycle or other personal property of significant value, the Judgment Creditor may file a Property Execution.
In a Nutshell This court order allows them to collect on the debt by seizing your real or personal property (or putting a lien on it), garnishing your wages, or levying your bank account. Personal property includes everything from household goods to vehicles. Real property includes things like your home or land.
The short answer is yes, but it's not always easy or common for a judgment creditor to take your car. If a creditor sues you and wins, they can request a judgment lien against your property, including your car.
You can contact your bank, employer, or credit reporting company to find out which Court made the judgment. You can use the Court Locator on this page to find a Court. Then contact the Court and get a copy of the court file, including the Affidavit of Service for the Summons and Complaint.
A creditor can search public property records to find out if you own a home or any other real property. If you are sued, whether to satisfy a debt or to recover accident-related damages, your home could be attached to the claim and taken to satisfy any unpaid obligations.
Personal Property Execution If a Judgment Creditor knows that the Judgment Debtor owns a car, truck, motorcycle or other personal property of significant value, the Judgment Creditor may file a Property Execution.
Disbursements are out of pocket expenses that the person who losses the case is responsible for, like filing fees. 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.
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.
