Guam Motion to Avoid Creditor's Lien

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US-03348BG
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Description

Judicial lien is a lien obtained by judgment, levy, sequestration or other legal or equitable process or proceeding. If a court finds that a debtor owes money to a creditor and the judgment remains unsatisfied, the creditor can ask the court to impose a lien on specific property owned and possessed by the debtor. After imposing the lien, the court issues a writ directing the local sheriff to seize the property, sell it and turn over the proceeds to the creditor.


Under Bankruptcy proceedings, a creditor can obtain a judicial lien by filing a final judgment issued against a debtor through a lawsuit filed in state court. A certified copy of a final judgment may be filed in the county in which the debtor owns real property. A bankruptcy debtor can file a motion to avoid Judicial Lien. A Motion to avoid Judicial Lien can be filed by a debtor in either a chapter 7 or chapter 13 bankruptcy proceeding. In a Chapter 7 proceeding, an Order Avoiding Judicial Lien will remove the debt totally.

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FAQ

The Guam Code Annotated (GCA) establish the permanent laws of Guam relating to and in force in Guam.

LBR 4003-2 provides the procedure for a party to file a motion to avoid a lien when the judgment lien is on real property. The Bankruptcy Code section that applies is section 11 U.S.C. 522(f). This motion is sometimes called a 522f motion.

What Is a Motion to Avoid a Judicial Lien in Bankruptcy? A Motion to Avoid Judicial Lien is a motion your bankruptcy attorney can file in bankruptcy court to remove an involuntary judgment lien from your house or other property after you have completed bankruptcy.

Guam, an unincorporated United States territory, has not yet adopted a constitution. It was designated an unincorporated U.S. Territory by the "Guam Organic Act of 1950." The act serves as the governing document for Guam. It was approved the U.S. Congress and approved by the president on Aug. 1, 1950.

It is a petty misdemeanor for any minor to be or remain upon any of the alleys, streets or public places or places of business and amusement, including parks, playgrounds or other public places or grounds in the Territory of Guam between the hours of 10: 00 p.m. and 6: 00 a.m. of the following day.

Guam is an unincorporated territory of the United States. Most but not all federal laws apply to Guam. In addition to the U.S. Constitution, which is the supreme law of the U.S., federal laws include statutes that are periodically codified in the U.S. Code.

Guam has a unicameral legislature, named the Legislature of Guam. The Legislature is made up of 15 senators representing 15 at-large districts, serving two-year terms, without a term limit.

On August 1, 1950, President Truman signed into law the Guam Organic Act of 1950, which gave the Chamorro people certain rights and protections under the U.S. Constitution. The people of Guam were afforded the opportunity to set and administer policy and laws for the island of Guam.

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Guam Motion to Avoid Creditor's Lien