This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgment Against Property For Debt In Palm Beach
Category:
State:
Multi-State
County:
Palm Beach
Control #:
US-0025LTR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
File a certified copy of your judgment in the real estate records of the county in which the property is located. The lien is in effect for 10 years, and it can be renewed for an additional ten years.
Florida Statute 55.081 states that a judgment is enforceable for 20 years. A judgment does not have to be recorded to be valid. Even without recording, a creditor can garnish bank accounts, levy personal property, and pursue other collection actions during the 20-year life of the judgment.
If you own the home you live in, your home is protected from all creditors except those holding a mortgage or lien on your residence.
The sheriff's department can seize: Personal property: movable things (e.g., cars, horses, boats, furniture, jewelry) owned by the debtor. Real property: land and buildings owned by the debtor.
Satisfy the Judgment: Paying the debt in full is the most straightforward way to remove the lien. Obtain a satisfaction of judgment from the creditor and file it with the court.
The recorded judgment automatically attaches to all property in whatever county the judgment is recorded. The creditor would have to record the judgment in all 67 Florida counties separately to create a state-wide lien on the debtor's real property. Second, only “certified copies” of the judgment give rise to a lien.
You can obtain a judgment lien on the judgment debtor's real property by recording a certified copy of your judgment in the real estate records in the county in which the property is located. Such liens are not recorded with the Department of State.
Once a judgment is entered, creditors have multiple options for collection: Your wages or funds in a bank account may be frozen. You may be required to reveal all assets through a deposition or document request. Creditors can place liens on non-exempt property.
To attach a lien, the creditor must record the judgment with the county recorder in any Florida county where the debtor owns real estate now or may own real estate in future. For liens on personal property, the creditor files the judgment with the Florida Department of State.
More info
Yes, Florida law allows a creditor to file a Judgment Lien Certificate with the Department of State. You have 20 years to collect on a judgment from the date that it is entered and during that time there are two main ways that you can collect.File online with a credit card. OR Complete the fillable PDF form using your computer. In Florida, a property lien can be used to collect a court judgment. Here's how it works. Fill out the Judgment Lien Certificate. A judgment lien is a result of a creditor winning a lawsuit and recording a nonconsensual lien against the defendant's property as record. A judgment allows a creditor to garnish wages, garnish bank accounts, or take a lien against property in your name.
