District of Columbia Lien on Real Property Regarding Judgment in a Federal Court

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Description

A judgment lien is created when a court grants a creditor an interest in the debtor's property, based upon a court judgment. A plaintiff who obtains a monetary judgment is termed a "judgment creditor." The defendant becomes a "judgment debtor."
Judgment liens may be created through a wide variety of circumstances.

How to fill out Lien On Real Property Regarding Judgment In A Federal Court?

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FAQ

A judgment lien is a type of non-consensual lien (a lien that attaches to a property without the owner's agreement). It's created when someone wins a lawsuit against the property owner and then records the judgment against an asset such as a house, land, bank account, or other personal assets.

Civil judgments can last a long time. Civil judgments have a life span provided by state law. In Washington, a judgment lasts for 10 years and can be renewed at the end of that period. Therefore once you have a judgment entered against you it can last a long time and incur a large amount of interest.

Statute of Limitations The Statute of limitations in the District of Columbia for open accounts and writings, such as contracts and promissory notes, is three (3) years from the date of breach. Generally, a renewed promise that can be proved to pay an old debt renews the limitations period.

If the losing party does not pay the winning party, the winning party may apply for a writ of attachment on a judgment. A writ of attachment is a form issued by the Court that allows the winning party to get monies from the losing party's wages and/or bank account and other property owed to the winning party.

DISTRICT OF COLUMBIA A final judgment is enforceable for twelve years. D.C. Code § 15-101. An order of revival extends the effect of the judgment for another twelve years from the date of the revival order.

§ 15?101. The time during which the judgment creditor is stayed from enforcing the judgment, by written agreement filed in the case, or other order, or by the operation of an appeal, may not be computed as a part of the period within which the judgment is enforceable by execution.

When filed and recorded in the office of the Recorder of Deeds of the District of Columbia, is enforceable, by execution issued thereon, for the period of twelve years only from the date when an execution might first be issued thereon, or from the date of the last order of revival thereof.

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District of Columbia Lien on Real Property Regarding Judgment in a Federal Court