Mississippi Partial Release of Judgment Lien

State:
Multi-State
Control #:
US-OG-1079
Format:
Word; 
Rich Text
Instant download

Description

This is a form of a Partial Release of Judgment Lien

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FAQ

Up to $100,000 in personal items for a Texas family. Home furnishings. Provisions for consumption; livestock, farm implements. Tools, equipment, books, and vehicles used for work in a trade or profession.

Judgments awarded in Texas to a non-government creditor are generally valid for ten years but can be renewed for longer. If a judgment is not renewed, it will become dormant. A creditor can request to revive a dormant judgment to continue to try and collect the debt.

Thirty days after judgment, you may obtain a Writ of Execution to attempt to seize the debtor's non- exempt property to satisfy your judgment. The fee for this writ is $205.00. Before you pursue this remedy, you should determine whether the debtor has non-exempt property.

To place a judgment lien, you or your attorney file an abstract of judgment (AJ) in any county where the defendant owns nonexempt property. An abstract of judgment is a written statement providing details about the judgment and the debtor that is filed in the property records of the county.

How long does a judgment lien last in Mississippi? A judgment lien in Mississippi will remain attached to the debtor's property (even if the property changes hands) for seven years.

To place a judgment lien, you or your attorney file an abstract of judgment (AJ) in any county where the defendant owns nonexempt property. An abstract of judgment is a written statement providing details about the judgment and the debtor that is filed in the property records of the county.

Once the abstract of judgment has been issued, it may then be filed with the county clerk's office where the real property is located or where property may be located in the future.

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Mississippi Partial Release of Judgment Lien