Judgment Lien Form Michigan In Riverside

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

Description

The Judgment Lien Form Michigan in Riverside is a legal document that serves to establish a lien against real property owned by a judgment debtor following a court ruling. This form is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants involved in debt recovery or property claims. It enables the lien to be recorded in the county where the property is located, ensuring that the judgment creditor's rights are secured against the debtor's assets. Completing the form requires accurate data entry, including debtor names, county details, and judgment specifics, while allowing for additional counties to be referenced if necessary. This adaptability makes the form useful for individuals seeking to expand their claims across multiple jurisdictions. Users must also ensure the document is properly filed with the appropriate local authority, who will then attach the lien to the property records. By using this form, legal professionals can effectively protect their clients’ interests in property disputes, collection efforts, and similar scenarios.

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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.

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.

First, if no lawsuit is filed within a year, the homeowner can obtain a certificate from the circuit court clerk confirming that no lawsuit has been filed and the lien is removed by recording the clerk certificate with the register of deeds. The second way is through a bonding-off process.

600.6051. A Judgment lien attaches to all property owned by the judgment debtor in the county where it is recorded. It attaches at the time it is recorded with the register of deeds, except for after-acquired property, when it attaches at the time it is acquired by the judgment debtor. 600.2803.

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.

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Judgment Lien Form Michigan In Riverside