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. Laws regarding judgment liens vary by jurisdiction, so local laws should be consulted.
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In Indiana, judgment liens last for 10 years. If a creditor gets a judgment lien against you, they automatically get a lien against any real estate you own in the county where they filed the lawsuit.
Indiana Liens and Limitations NATURE OF LIENCITATIONMunicipal Ordinance Violation Lien36-1-6-2Old Age, Blind, Disabled Assistance Lien12-14-16-1, 2, 3Plats of City Lots, Lien for Expenses (plat and survey)36-7-3-9Restitution Lien (Criminal Proceedings)35-50-5-32 more rows
In Indiana, the statute of limitations by judgment is ten years, but it can be renewed, further extending the collection period. This means once a creditor makes a charge against the debtor, the judgment is collectible for up to ten years.
The best source of information regarding your state tax liens is the Indiana Department of Revenue at 317-232-2240. The department of revenue can also be contacted online at .in.gov/dor.
Indiana is not a community property state, so the general rule is one spouse not liable for the other spouse's separate debt, with the exception of medical debt.
In every state, a judgment lien can be attached to the debtor's real estate -- meaning a house, condo, land, or similar kind of property interest. And some states also allow judgment liens on the debtor's personal property -- things like jewelry, art, antiques, and other valuables.
In Indiana, judgment liens last for 10 years. If a creditor gets a judgment lien against you, they automatically get a lien against any real estate you own in the county where they filed the lawsuit.
