Judgment Against Property With Florida In Palm Beach

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

Description

The Judgment Against Property with Florida in Palm Beach is a legal form that certifies a judgment has been entered against a debtor, creating a lien on the debtor's real property within Palm Beach County. This form is particularly useful for attorneys, paralegals, and legal assistants as it provides a clear way to notify interested parties about the existence of a judgment lien. Users should fill in specific details such as the names of the judgment debtors and the date of enrollment. It is essential to include any other counties where property ownership might exist to ensure proper enforcement. The document is adaptable to specific cases, allowing for modifications as needed based on individual circumstances. This form enables legal professionals to efficiently manage and enforce judgments, making it a valuable tool in debt collection and property lien matters. Additionally, it supports clear communication with clients and other stakeholders regarding the status of judgments and associated liens.

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FAQ

A Florida judgment creditor can put a judgment lien on the judgment debtor's tangible personal property and some kinds of intangible personal property. Tangible property means things you can see and touch, like furniture, electronics, artwork, and jewelry.

Post-judgment discovery is appropriate as long as the judgment is enforceable.” The Court found that Florida judgments have a twenty year life during which those judgments are enforceable.

Florida Statute of Limitations on a Judgment Lasts 20 Years. Until recently, there has been some debate on this litigation question caused by the interpretation of some Courts that a Florida judgment is subject to a five year statute of limitations.

You can obtain a judgment lien on all of the judgment debtor's personal property located anywhere in the state by filing a Judgment Lien Certificate with the Department of State. To get the proper form you must go on the internet to the Department's website: .sunbiz.

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.

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.

Florida is considered one of the best states for asset protection because of its generous creditor exemption laws. Florida law protects an unlimited amount of homestead equity, tenants by entireties property, head of household wages, retirement accounts, annuities, life insurance, and disability insurance.

The following kinds of personal property are exempt from debt collection and cannot be seized: Household goods, like furniture, clothing, and appliances. Medical equipment, such as a wheelchair. One television, one radio, one computer and one cell phone.

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Judgment Against Property With Florida In Palm Beach