Judgment Lien Form Michigan In San Jose

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

Description

The Judgment Lien Form Michigan in San Jose is a critical document used to establish a legal claim against a debtor's real property due to an outstanding judgment. It allows the creditor to secure their interest in the property, ensuring that they can collect the debt if the property is sold or refinanced. This form is particularly useful for attorneys and legal professionals in Michigan who are involved in debt recovery processes. When filling out the form, users should include the names of the debtor, the judgment amount, and the specific county where the property is located. Additionally, individuals should be cautious to accurately describe the property's details to avoid any potential disputes. The form may also need modifications depending on the specific circumstances of each case, so users are advised to adapt the accompanying model document as necessary. Legal assistants and paralegals often play a key role in gathering the required information and ensuring compliance with local filing requirements. It's essential to inform any relevant parties about the lien's existence and implications for their real property. Overall, this form serves as a valuable tool for securing debts and navigating the complexities of property law.

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FAQ

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.

Record the Claim of Lien in the County Register of Deeds where the Owner's property is located, within 90 calendar days after last labor or material. Serve a copy of the recorded Claim of Lien on the Owner's Designee within 15 days from date of recording by certified mail or personal delivery.

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.

The most common method is garnishment. In addition, the Plaintiff may get a writ of execution to seize the Defendant's property to satisfy the debt. If the Plaintiff does not know what assets the Defendant owns, the Plaintiff may compel disclosure through a civil discovery subpoena.

Within 28 days after payment in full of the amount due on a judgment that is the basis for a judgment lien, the judgment creditor or the judgment creditor's attorney shall record a discharge of judgment lien with the office of the register of deeds where the judgment lien is recorded.

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.

A judgment creditor can file a lien with the court 22 days after the judgment is entered against the debtor, provided that the debtor has not appealed or moved to set the judgment aside. The lien is then sent to the register of deeds for recording in the county where the debtor lives.

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Judgment Lien Form Michigan In San Jose