Illinois Sample Letter for Abstract of Judgment

State:
Multi-State
Control #:
US-0125LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

How to fill out Sample Letter For Abstract Of Judgment?

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FAQ

If a judgment is old, it may need to be revived before it can be enforced. Illinois law governs the enforcement and resurrection of judgments. Under Illinois law, judgments have an enforcement time limit of seven years from the date of their entry.

If a judgment is old, it may need to be revived before it can be enforced. Illinois law governs the enforcement and resurrection of judgments. Under Illinois law, judgments have an enforcement time limit of seven years from the date of their entry.

A judgment is not a lien on real estate for longer than 7 years from the time it is entered or revived, unless the judgment is revived within 7 years after its entry or last revival and a new memorandum of judgment is recorded prior to the judgment and its recorded memorandum of judgment becoming dormant.

Because the debt can lie dormant and then ?come alive? when the creditor files a Motion to Revive Judgment. Illinois law allows creditors to revive a Judgment for consumer debt, within 10 years, and for other debts, within 20 years!

Post-judgment proceedings include enforcement of a judgment, supplementary proceedings, non-wage garnishment and wage deduction proceedings. A supplementary proceeding is a vehicle to discover or examine a judgment debtor's assets, or to prohibit judgment debtors from transferring assets.

A creditor can use the judgment to collect money from you. They may take some of your wages, money in a bank account, or sell your home. The process is commonly called garnishment even if a Citation to Discover Assets form is used.

File a Citation to Discover Assets Fill out our form citation. Once you file it with the Clerk, you must serve the debtor with a copy of the citation. This means you must deliver a copy to them through the sheriff. You can use the sheriff or a private process server to serve the debtor with the Citation.

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Illinois Sample Letter for Abstract of Judgment