Notice Judgment Lien Form With Two Points In Pennsylvania

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

Description

The Notice Judgment Lien Form with Two Points in Pennsylvania serves as a legal document that informs relevant parties about a judgment that has been entered against specified individuals. This form acts as a lien on all real property owned by the individuals in question, effectively securing the creditor's interest in the property until the judgment is satisfied. It is useful for attorneys and legal professionals who need to document and communicate the ramifications of a judgment to concerned parties. The form requires specific information, including the names of the judgment debtors, the county where the judgment is enrolled, and any additional counties where the debtors may own property. Proper filling requires careful attention to detail to ensure all parties are accurately identified, and any associated property is correctly noted. Editing the form may involve adding or updating information related to additional properties if discovered. This form is particularly beneficial for legal practitioners, including partners, owners, associates, paralegals, and legal assistants, allowing them to communicate proceedings and protect their clients' legal rights effectively. Additionally, it serves as a vital task for those managing creditor rights and property claims, ensuring all legal protocols are adhered to in the process.

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FAQ

A Pennsylvania Notice of Intent to Lien must be served at least 30 days prior to filing a lien. Pennsylvania is one of only a handful of states which require a Notice of Intent to Lien. However, not everyone has to send the notice in orde to preserve their lien rights.

Steps to File a Valid Pennsylvania Mechanics Lien Send Preliminary Notice Within 30 Days. Send Pre-Lien Notice at Least 30 Days Before Filing. File Your Lien Claim at Prothonotary's Office. Serve Notice of Filing on the Owner. Start Suit to Enforce Lien Within Two Years. File a Lien Bond to Remove the Lien.

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.

To obtain a judgment lien, you must first record the judgment with the court of common pleas in the county where the debtor owns property. The lien will stay in effect for five years, but can be renewed, if the debtor does not sell the property within that time period.

Pennsylvania judgments are valid for 5 years. Judgments can be revived every 5 years and should be revived if a creditor is attempting to actively collect on the debt. Judgments also act as a lien against real property for up to 20 years or longer if properly revived.

There are four types of nonconsensual liens: (1) court-decreed liens are attachment liens, which prevent a person from disposing of assets pending a lawsuit, and judgment liens, which allow the prevailing party in a lawsuit to take property belonging to the debtor to satisfy the judgment; (2) mechanics' liens are ...

(1) At the time of the filing of the foreign judgment, the judgment creditor or his attorney shall make and file with the office of the clerk of the court of common pleas an affidavit setting forth the name and last known post office address of the judgment debtor, and the judgment creditor.

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Notice Judgment Lien Form With Two Points In Pennsylvania