A judicial foreclosure proceeding can be initiated at any time after default on a secured obligation or a judgment which constitutes a lien on real property. The following form is a complaint that adopts the "notice pleadings" format of the Federal Rules of Civil Procedure, which have been adopted by most states in one form or another. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Georgia Motion for Satisfaction of Money Judgment by Judicial Sale is a legal document filed in the state of Georgia to request the court's approval for the sale of a property to satisfy a money judgment. This motion is typically filed by a judgment creditor who has won a lawsuit and seeks to collect the awarded amount from the judgment debtor. The purpose of the Motion for Satisfaction of Money Judgment by Judicial Sale is to seek authorization from the court to sell the debtor's property through a judicial sale or auction. This type of sale ensures that the proceeds from the sale are used to satisfy the outstanding money judgment. It is crucial to follow the proper legal procedures to obtain the court's authorization for this sale. There can be several types of Georgia Motions for Satisfaction of Money Judgment by Judicial Sale, depending on the specifics of the case and the property involved: 1. Real Estate Judicial Sale: This type of motion is used when the property in question is real estate. The judgment creditor requests the court's approval to sell the debtor's property, such as a house, land, or commercial building, to fulfill the outstanding judgment. 2. Personal Property Judicial Sale: If the judgment creditor seeks to collect the money judgment by selling personal property, such as vehicles, jewelry, or artwork, they can file a Personal Property Judicial Sale motion. 3. Foreclosure Sale Motion: In cases where the money judgment is connected to a mortgage or loan, the judgment creditor may file a Foreclosure Sale Motion. This motion aims to initiate a judicial sale of the mortgaged property to satisfy the debt. 4. Seizure and Sale Motion: When the judgment creditor believes that seizing and selling the debtor's property will result in the most effective satisfaction of the money judgment, they can file a Seizure and Sale Motion. This motion requests the court's permission to seize and sell specific property owned by the debtor. 5. Execution Sale Motion: An Execution Sale Motion is filed when the judgment creditor wishes to execute a sale of the debtor's property to satisfy the money judgment. This type of motion is commonly used when the debtor possesses valuable assets, such as valuable artwork, collectibles, or high-end vehicles. In conclusion, the Georgia Motion for Satisfaction of Money Judgment by Judicial Sale is a crucial legal tool for judgment creditors to collect outstanding money judgments by requesting the court's approval for the sale of properties covering the debt. Various types of motions exist depending on the nature of the property involved, such as real estate judicial sale, personal property judicial sale, foreclosure sale motion, seizure and sale motion, and execution sale motion. Judgment creditors must navigate the legal process carefully to attain court authorization for the sale and ensure the proper satisfaction of the money judgment.
