A judicial foreclosure proceeding can be initiated at any time after default on a secured obligation or a judgment which constitutes a lien on real property. The following form is a complaint that adopts the "notice pleadings" format of the Federal Rules of Civil Procedure, which have been adopted by most states in one form or another. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Maryland Motion for Satisfaction of Money Judgment by Judicial Sale is a legal document filed in the state of Maryland to request the court's approval for the satisfaction of a money judgment through the sale of property by the court. This motion is typically used when a debtor fails to pay a monetary judgment, and the creditor seeks to have the court enforce the judgment by selling the debtor's property. In Maryland, there are two types of Motions for Satisfaction of Money Judgment by Judicial Sale: 1. Maryland Motion for Satisfaction of Money Judgment by Judicial Sale — Real Property: This type of motion is filed when the creditor seeks to have the court sell the debtor's real property to satisfy the money judgment. Real property can include land, houses, buildings, or any other immovable property. The creditor must provide detailed information about the property, such as its legal description, current market value, and any liens or encumbrances on the property. 2. Maryland Motion for Satisfaction of Money Judgment by Judicial Sale — Personal Property: When the debtor does not have sufficient real property to satisfy the judgment, this type of motion is filed to request the court's permission for the sale of the debtor's personal property. Personal property can include vehicles, furniture, jewelry, electronics, or any other movable assets. The creditor must provide a detailed description of the personal property, its estimated value, and any relevant documents like vehicle titles or appraisal certificates. In both types of motions, the creditor must demonstrate to the court that the debtor has failed to satisfy the money judgment despite reasonable efforts to collect the amount owed. The motion also needs to explain how the sale of the property will generate sufficient funds to satisfy the outstanding judgment, including any costs associated with the sale process. Keywords: Maryland, Motion for Satisfaction of Money Judgment, Judicial Sale, creditor, debtor, property, real property, personal property, money judgment, court, approval, enforcement, sale, liens, encumbrances, real estate, vehicles, furniture, jewelry, electronics, movable assets, collect, outstanding judgment, costs.
