Michigan 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

Garnishment is a court procedure that allows you to collect the money owed to you by taking in from the judgment debtor's wages, bank account, or another source (such as income tax refunds). To file a garnishment, contact the court clerk for the proper forms. Instructions are provided with the form.

A judgment lien can be renewed only once. It must be re-recorded with the register of deeds 120 days prior to its expiration. Judgment Lien Overview - Michigan Court Officers, Deputy ... mcodsa ? page mcodsa ? page

If the defendant does not pay the judgment as ordered, you will have to collect your money through an execution against property or a garnishment. To get an execution against property or garnishment, you will first need to know: Where the defendant lives and works. Collecting Money from a Judgment | Eaton County, MI eatoncounty.org ? Collecting-Money-from-a... eatoncounty.org ? Collecting-Money-from-a...

10 years If your judgment has already expired, you should consult an attorney before taking any action. California judgments last for 10 years from the date they were entered. If you win a judgment issued by a federal court, you may start collecting right away. The defendant has 30 days to file an appeal or post a bond. COLLECTING YOUR JUDGMENT - California Courts ca.gov ? partners ? documents ? colle... ca.gov ? partners ? documents ? colle...

600.2809 Judgment lien; expiration; rerecording; tolling or suspension of time period; judgment lien extinguished. Sec. 2809. (1) Unless subsection (2) or (3) applies, a judgment lien expires 5 years after the date it is recorded. Michigan Legislature - Section 600.2809 Michigan Legislature (.gov) ? doc ? mcl-600-2809 Michigan Legislature (.gov) ? doc ? mcl-600-2809

A judgment lien expires after 5 years from the date it is recorded but may be rerecorded once for another period of 5 years not less than 120 days before the expiration of the initial judgment. Mich. Comp. Laws § 600.2809.

Section 2809 also provides that judgment liens may be extinguished by recording any of the following with the register of deeds: Discharge signed by the judgment creditor or attorney. Satisfaction of judgment. Court order discharging the lien. Bankruptcy discharge (see above)

The Michigan Discharge of Lien Form is used to cancel a lien that has already been filed. It's most often used to release a lien claim after a lien claimant receives payment. However, they may also be released based on settlements, legal controversies, because they expired, or more.

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Michigan Release of Judgment Lien