Judgment Lien Form Michigan In Philadelphia

Category:

Letters - Notices - Judgment Liens

State:

Multi-State

County:

Philadelphia

Control #:

US-0025LTR

Format:

Instant download

Description

The Judgment Lien Form Michigan in Philadelphia is a critical document for individuals or entities seeking to enforce a judgment against a debtor's real property. This form serves as a formal notice that a judgment has been recorded in the county where the property is located, establishing a lien that must be resolved before the property can be sold. Key features include the capability to specify the parties involved in the judgment, the date of enrollment, and the identification of the county. To fill out the form, users must provide accurate details of the judgment and the debtor's real estate ownership. Legal professionals such as attorneys, partners, and paralegals will find this form useful for securing clients' financial interests, while associates and legal assistants can aid in its preparation and filing. Additionally, this document can be adapted to other jurisdictions as needed, making it a versatile tool for legal practitioners handling real estate matters in Philadelphia. Overall, the Judgment Lien Form is essential for ensuring compliance and protecting legal rights in property ownership cases.

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FAQ

Judgment liens may simply be filed and recorded by an attorney. There is no personal confrontation with the defendant and no personal property is seized. Service of the judgment lien on the judgment debtor is by certified mail if the judgment is less than $25,000.

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.

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.

Creditors typically acquire property liens through your voluntary consent. On the other hand, creditors get judgment liens after winning a lawsuit against you for a debt you owe.

2809. (1) Unless subsection (2) or (3) applies, a judgment lien expires 5 years after the date it is recorded. (2) Unless subsection (3) applies, if a judgment lien is rerecorded under subsection (4), the judgment lien expires 5 years after the date it is rerecorded.

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.