Judgment Against Property With Rem In Washington
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FAQ
Depending on the type of case, judgments are usually effective for 10 years from the date of entry, and can be renewed for an additional 10 years. Specific information is found in RCW Section 4.56. 210 and RCW Section 6.17. 020.
Yes, a lien may be placed on property that is jointly owned. However, the effects of that lien depend on the type of ownership that the property is under. Before discussing the terms of joint ownership, it's important that you understand exactly what liens are and what they may mean for you and your investment.
A judgment lien on the debtor's property is created automatically when the property is in the same Washington county where the judgment is entered. But when the debtor's property is in another Washington county, the creditor must file the judgment with the county clerk for that county.
Depending on the type of case, judgments are usually effective for 10 years from the date of entry, and can be renewed for an additional 10 years. Specific information is found in RCW Section 4.56. 210 and RCW Section 6.17. 020.
Washington State's homestead laws exempts a homestead from being taken by the Court or from a forced sale to satisfy a judgment creditor. Unlike many states, however, Washington State's homestead exemption is capped.
In Washington, the statute of limitations on debt collection lawsuits is six years after the date of default or last payment on the debt account. When six years have passed, debt collectors can still attempt to collect these debts, but they cannot file a collection lawsuit.
Maybe. A Judgment Creditor may try to have the sheriff sell your real property (land, house, and other buildings). The homestead law protects up to $125,000 of equity in your home from most Judgment Creditors.
A judgment in rem upholds a right as against the whole world. For example, in property law, a judgment upholding a legal (as distinct from an equitable) right is a judgment in rem.
The proceedings to vacate or modify a judgment or order for mistakes or omissions of the clerk, or irregularity in obtaining the judgment or order, shall be by motion served on the adverse party or on his or her attorney in the action, and within one year.
