Judgment Lien Forms With Child In North Carolina

Q: What happens after a default judgement is issued in NC?

If you do not timely respond or contact the plaintiff&#039;s counsel, the plaintiff may move for entry of default and default judgment against you. If that judgment is obtained, the defendant may receive a Notice of Right to Designate Exemptions, which begins the process of attempting to collect the judgment against you.

Category:

Letters - Notices - Judgment Liens

State:

Multi-State

Control #:

US-0025LTR

Format:

Instant download

Description

The Judgment Lien Forms with Child in North Carolina are essential legal documents that help establish a lien against the real property owned by individuals who have outstanding judgments. These forms are particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as they provide a structured method for formally recording a judgment. Key features include clear sections for the relevant parties' information, the details of the judgment, and instructions for enrollment, which can be adapted to fit specific situations. Filling and editing instructions are straightforward, ensuring that users can complete the form accurately without extensive legal knowledge. Additionally, these forms allow for the inclusion of multiple counties, making it easier to keep track of all properties owned by the debtor. Use cases include securing a creditor's interest in a debtor's property and preventing the sale or transfer of these properties without addressing the judgment first. Overall, the Judgment Lien Forms with Child in North Carolina serve as a vital tool in debt recovery and property management for legal professionals.

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FAQ

A judgment will be effective for 10 years after rendered by the court and may be renewed.

Any action to renew a judgment must be filed before the original judgment has expired. Since a judgment in NC is good for 10 years this means any renewal must be filed within 10 years.

A judgment in North Carolina is good for ten (10) years and can be “renewed” one time for an additional 10-year period. The word “renew” is in quotes because it actually requires the filing a new lawsuit based on the debt owed from the original judgment.

A judgment lien is created automatically on any property owned by the debtor in the North Carolina county where the judgment is entered. For any debtor property found outside the county, the creditor must file the judgment with the county clerk for the county where the property is located.

Under North Carolina law judgment liens expire ten years from entry of the judgement. The bankruptcy, however, can extend the statute of limitations in favor of the pre-petition lien holder in certain circumstances.

If you do not timely respond or contact the plaintiff's counsel, the plaintiff may move for entry of default and default judgment against you. If that judgment is obtained, the defendant may receive a “Notice of Right to Designate Exemptions,” which begins the process of attempting to collect the judgment against you.

A judgment will be effective for 10 years after rendered by the court and may be renewed.

The NC law clearly gives the creditor a 10 year period to enforce his lien and the statutes, N.C.G.S. § 1-234, and § 1-23 appear to extend the time period when execution is restrained.