Mississippi Judgment
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How to fill out Mississippi Judgment?
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FAQ
How long does a judgment lien last in Mississippi? A judgment lien in Mississippi will remain attached to the debtor's property (even if the property changes hands) for seven years.
Prepare the lien document, taking care to include all the necessary information set forth above including the required statements. Sign the document. Deliver the lien must the office of the clerk of the chancery court of the county where the property is located.
While it's unlikely that just anyone can put a lien on your home or land, it's not unheard of for a court decision or a settlement to result in a lien being placed against a property.
A judgment is a court order. A lien is a claim of interest in a property right. A judgment can turn into a lien when the law allows this. For example, if a creditor records a court judgment, it can affect the right of an owner of real property to sell the...
A judgment lien is a court ruling that gives a creditor the right to take possession of a debtor's real or personal property if the debtor fails to fulfill his or her contractual obligations.A plaintiff who obtains a monetary judgment is described as a judgment creditor, while the defendant becomes a judgment debtor.