Judgment Lien Forms Foreclosure In Wake
Description
Form popularity
FAQ
Send a public records request to the Office of the Assessor-Recorder in the county or city in which you reside. This office maintains public property records, and will have access to all publicly available foreclosure documents.
This is a breakdown of the steps involved in foreclosing on a lien. File a mechanics lien. Filing a mechanics lien is the actual first step in the lien foreclosure process. Send notices. Hire a lawyer. Prepare your case. File your case. Serve the owners. Wait for your day in court. Collect on your judgment.
During the 5 week notice period, the homeowner can stop the foreclosure by making-up all missed payments (including late fees and attorney costs) or working with an attorney to stop the foreclosure process. The only time it is too late to stop a foreclosure is when the property is sold at auction to a new party.
What Do You Do When There Is A Judgment Lien On Your Property, But The Judgment Has Expired? Judgments have expiration dates. If they are not timely renewed, they expire. In CA that is 10 years.
(Be aware that foreclosures eliminate liens, not debts. The second mortgage holder might sue you, or the judgment lien holder might put a lien on other property you own or try to collect the debt you owe by garnishing your wages or levying your bank accounts.)
