In many jurisdictions, the requirements as to the sufficiency of notice of lien are prescribed by statute. Counsel should be certain to consult the applicable statutes in the particular jurisdiction to ensure full compliance with the necessary requirements.
Kentucky Notice of Special or Charging Lien on Judgment
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How to fill out Notice Of Special Or Charging Lien On Judgment?
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FAQ
A judgment lien is a court ruling that allows your creditor to come after your home, real estate land/property, and/or personal property (such as vehicles, appliances, and furniture) when you haven't paid your debt.
376.160 Priority of liens -- Persons not deemed employees. Any lien provided for in KRS 376.150 and 376.180 shall be superior to the lien of any mortgage or other encumbrance thereafter created, and shall be for the whole amount due the employees as such, or due for such materials or supplies.
A mortgage is a specific, voluntary lien. It is specific to the piece of property and is voluntary because it was agreed to by the property owner. A judgment lien is an example of a general, involuntary lien. Judgment liens can be applied against any of an individual's assets.
Judgment liens on personal property in Florida are filed with the Florida Department of State. Filing with the Department of State serves as public notice that the creditor (the person who won the judgment) has a monetary judgment placed against the debtor (the person who owes the money).
General Lien ? A claim against some or all of a debtor's property; any property may be sold to satisfy the debt. Specific Lien ? A claim against a specific piece of property; only that individual property may be used to collect against the debt.
Each attorney shall have a lien upon all claims, except those of the state, put into his hands for suit or collection or upon which suit has been instituted, for the amount of any fee agreed upon by the parties or, in the absence of such agreement, for a reasonable fee.
