Iowa Release of Judgment Lien

State:
Multi-State
Control #:
US-OG-120
Format:
Word; 
Rich Text
Instant download

Description

If an owner of an interest in real property has had a judgment obtained against the owner, this form addresses a release of that judgment lien.

How to fill out Release Of Judgment Lien?

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FAQ

Iowa judgment liens are created automatically when a judgment is entered on a debtor's property in the county the judgment is entered. For property located outside of that area, the creditor will need to go to the county where the property is located and file the judgment with that county court.

You must hire a levying officer (a registered process server or a sheriff's deputy) to collect your judgment. You cannot serve the Writ yourself. Look at the information you have about your debtor's assets. Then tell the levying officer about the assets and where they are.

624.37 Satisfaction of judgment ? penalty. If the motion relates to a lien of judgment as to specific property, the motion may be filed by a person with an interest in the property.

A judgment lien attaching to the real estate of a city may be discharged at any time by the city filing with the clerk of the district court in which the judgment was entered a bond in the amount for which the judgment was entered, including court costs and accruing interest, with surety or sureties to be approved by ...

Judgments are valid for a period of twenty years. Iowa Code § 614.1. Judgments are liens upon the real estate owned by the defendant for a period of ten years from the date of the judgment.

Iowa Code § 677.4. After an action for the recovery of money is brought, the defendant may offer in court to confess judgment for part of the amount claimed, or part of the causes involved in the action.

You must electronically file a request for an order "condemning" the funds held by clerk. The court will then order the clerk to pay you the amounts collected by the sheriff. You must pay the sheriff's fee. The sheriff will continue collection efforts until the judgment is satisfied or for a 120-day period.

A judgment is a final court order at the end of a lawsuit. If it says one side owes money, it means they have a money judgment against them.

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Iowa Release of Judgment Lien