Judgment Against Property For Rem In Pennsylvania

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

Description

The Judgment Against Property For Rem in Pennsylvania is a legal document used to establish a lien on real property due to an outstanding judgment. This form is essential for attorneys, partners, owners, associates, paralegals, and legal assistants involved in property law. Key features include the identification of the parties involved, the property details, and the enrollment of the judgment in the appropriate County Court. Users should complete the form by inserting the necessary information, including names, addresses, and specifics about the judgment and property. It is crucial to ensure that all relevant jurisdictions are considered, especially in cases where the debtor may own property in multiple counties. This form is particularly useful in enforcing debt collection, protecting the creditor's interest, and facilitating communication between parties regarding property ownership. Additionally, it serves as a record for real estate transactions and disputes. For optimal use, ensure accuracy in the details provided to prevent delays or legal issues.

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FAQ

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.

Can Personal Property Be Seized In A Pennsylvania Judgement? Judgments from Magisterial District Court and Court of Common Pleas. A plaintiff can seize tangible personal property which are items such as household furnishings, jewelry, and business and office equipment.

Traditional Asset Protection Techniques Also, as long as you hold funds in qualified employer-provided retirement plans or in IRAs, your creditors generally cannot reach these funds. Pennsylvania law also provides protection for life insurance policies and annuities.

Pennsylvania exempts from execution on judgment on a contract all wearing apparel of the debtor and his family, bibles and school books in use in the family, as well as $300 worth of any property owned or in pos- session of the debtor.

Referred to as an in rem (against the property) action, it is an action filed against the property itself, rather than a person. In civil judicial forfeiture, an individual has the right to contest the seizure through trial proceedings.

Pennsylvania exempts from execution on judgment on a contract all wearing apparel of the debtor and his family, bibles and school books in use in the family, as well as $300 worth of any property owned or in pos- session of the debtor.

In rem is a Latin term meaning "against a thing," which refers to a court's power to adjudicate matters directed against property .

--The following personal property of the judgment debtor shall be exempt from attachment or execution on a judgment: (1) Wearing apparel. (2) Bibles and school books. (3) Sewing machines belonging to seamstresses or used and owned by private families, but not including sewing machines kept for sale or hire.

5 Steps How to Collect a Judgment in Pennsylvania File Your Judgment With the County Courts. File Your Writ of Execution (This the Key for the Sheriff to help you) . Seize Bank Accounts by Sending Questions (Interrogatories) to the Banks. Levy and Sell Personal Assets and Vehicles. Levy and Sell Real Property / Land.

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Judgment Against Property For Rem In Pennsylvania