Judgment Against Property With Bad Credit In San Antonio

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

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

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FAQ

This document is the heart of your lien. It must detail the work done or materials provided. ItMoreThis document is the heart of your lien. It must detail the work done or materials provided. It should also State the outstanding amount remember Precision is your friend here.

A Texas judgment is valid for ten years from the date it is signed by the judge. After the expiration of ten years the judgment is dormant for two years. During that two year period of dormancy the judgment cannot be enforced.

If you do not have any assets that are not exempt from seizure, such as your primary place of residence, household items, your car, and the tools of your trade, someone who has obtained a judgment against you may be unable to collect on it.

Depending on the defendant's financial situation, it can be very difficult to collect a judgment.

Creditors can put liens on most any home because it is up to the owner to show that the Texas homestead exemption applies. Not all homes qualify for the exemption. The homestead law allows debtors to shield only their primary residence from creditors collecting debts.

In many states, including California, unsecured creditors can become secured creditors and place a lien on your home.

Under California law, debt collectors have the right to place a lien on a person's home once they get a judgment. California law then lets the debt collector force the sale of a person's home to collect the judgment, even if that property is the debtor's only home.

If you do not have any assets that are not exempt from seizure, such as your primary place of residence, household items, your car, and the tools of your trade, someone who has obtained a judgment against you may be unable to collect on it.

If a property owner owes a debt to a creditor, contractor, or collection agency, that party may place a court-ordered lien against the property with the goal of collecting on the debt.

More info

Our judgment collection attorneys can assist you with garnishment procedures. For those who were ordered to pay in a money judgment, check out our Debt Collection research guide for resources on your rights as a debtor.There are four (4) types of civil cases that can be filed in Justice Court: Evictions, Small Claims, Debt Claims, and Repair and Remedy. You can file a "partial release of homestead lien affidavit" in the County records. This will likely satisfy the title company. Want to get rid of a judgement? Our San Antonio debt settlement attorney tells you how its done. Tom Thomas Legal, PC handles settlement negotiations for Texas residents who owe payment to another party as a result of a judgment. "Judgment proof" means you don't have income or assets a creditor can seize to pay off the money judgment on a debt. In order to garnish your property, the creditor must first file a lawsuit and obtain a judgment against you.

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Judgment Against Property With Bad Credit In San Antonio