Judgment Against Property For Debt In Queens

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

Description

The Judgment Against Property for Debt in Queens is a legally significant document that serves to establish a lien against real property owned by debtors in Queens County. This form is essential for individuals and legal professionals dealing with debts owed by clients or partners in real estate transactions. Key features of this judgment form include the ability to identify the debtors, specify the date and location of the judgment enrollment, and request information about any other properties that may require similar action. Filling out the form requires careful attention to detail, particularly in listing the debtors and relevant property information. Legal practitioners, such as attorneys, paralegals, and legal assistants, can utilize this form to protect their clients' financial interests. The document also serves to inform other stakeholders about the existence of the lien which can influence financial decisions and property transactions. This judgment is particularly useful for individuals navigating debt recovery or those involved in real estate negotiations. Overall, the form represents a critical step in securing financial rights for parties affected by outstanding debts.

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FAQ

Personal Property Execution If a Judgment Creditor knows that the Judgment Debtor owns a car, truck, motorcycle or other personal property of significant value, the Judgment Creditor may file a Property Execution.

A creditor can search public property records to find out if you own a home or any other real property. If you are sued, whether to satisfy a debt or to recover accident-related damages, your home could be attached to the claim and taken to satisfy any unpaid obligations.

Personal Property Execution If a Judgment Creditor knows that the Judgment Debtor owns a car, truck, motorcycle or other personal property of significant value, the Judgment Creditor may file a Property Execution.

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.

The short answer is yes, but it's not always easy or common for a judgment creditor to take your car. If a creditor sues you and wins, they can request a judgment lien against your property, including your car.

You can make a request for court records directly to the Clerk of the Court or the County Clerk that has the records. Criminal records are available from the court system. Each records search costs $95.00.

Yes, but somebody had to go to court to get the judgement. If you were legally served with a Summons & Complaint and didn't show up in Court a ``Default Judgement'' would be entered based on the Plaintiff's case. Being ``legally'' served doesn't always mean it was personally handed to you.

How Long Are Judgments Valid in New York? Judgments are valid for 20 years and may be extended once for an additional period of 10 years.

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Judgment Against Property For Debt In Queens