Release Judgment Form Foreclosure
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FAQ
What is the duration of the judgment lien? California Code of Civil Procedure is clear unless satisfied or released, the judgment lien continues until 10 years from the date of entry of the judgment, after which it may be renewed.
Deficiency Judgements are PermittedUnder South Carolina law (S.C. Code Ann. § 29-3-660), mortgage lenders have a right to seek a deficiency judgement after a foreclosure sale. A deficiency exists when the foreclosure sale price is insufficient to satisfy the full amount that the borrower still owes.
Lender Request to Withdraw This type of motion to withdraw occurs when a borrower manages to gather enough money to fully pay off the loan, thus settling the debt. There is then no further grounds for the foreclosure and the lender withdraws it.
To remove a lien you have to pay the judgment and get the judgment creditor to complete a notarized Acknowledgment of Satisfaction of Judgment (EJ-100). Either party can eFile the form to the court. Then the judgment creditor or you have to record a certified copy of this form in the county where the property is.
To remove a lien you have to pay the judgment and get the judgment creditor to complete a notarized Acknowledgment of Satisfaction of Judgment (EJ-100). Either party can eFile the form to the court. Then the judgment creditor or you have to record a certified copy of this form in the county where the property is.