Judgment Lien Forms With Miniatures In Wayne
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FAQ
Liens may be imposed on real property solely owned by the payer or owned jointly.
Creditors of one spouse cannot put a lien on the property. However, if both spouses are liable for the same debt, the creditor can reach the property. If the couple gets divorced, the tenancy by the entirety becomes a tenancy in common, unless their judgment of divorce states otherwise.
Creditors of one spouse cannot put a lien on the property. However, if both spouses are liable for the same debt, the creditor can reach the property. If the couple gets divorced, the tenancy by the entirety becomes a tenancy in common, unless their judgment of divorce states otherwise.
A judgment lien is created automatically on the debtor's property if the property is located in the Indiana county where the judgment is handed down. For debtor property in another Indiana county, the creditor files a copy of the judgment with the circuit court clerk for that county.
The short and legal answer is YES, the creditor can force the sale of that half interest, but normally they won't. Part of the reason is that half of a property is not worth half of what the property is worth.
A judgment lien in Oregon will remain attached to the debtor's property (even if the property changes hands) for ten years.
In Minnesota, an action to enforce a mechanics lien must be initiated within 1 year from the date of the lien claimant's last furnishing of labor or materials to the project. If a claimant records their lien close to Minnesota's 120-day filing deadline, they will have about 8 months to enforce the claim.
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.
A contractor, subcontractor, supplier, or laborer who provides an improvement to real property may acquire a construction lien under the Michigan Construction Lien Act (CLA).
