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.
A North Carolina Motion for Satisfaction of Money Judgment by Judicial Sale is a legal document filed by a judgment creditor seeking to satisfy a money judgment by requesting the court to issue an order to sell the defendant's property. This motion is commonly used when the judgment debtor fails to pay the judgment voluntarily, and the creditor seeks to enforce the judgment by selling the debtor's property. In North Carolina, there are two types of Motions for Satisfaction of Money Judgment by Judicial Sale: the Motion for Ordinary Judicial Sale and the Motion for Special Judicial Sale. The Motion for Ordinary Judicial Sale is used when the judgment creditor seeks to sell the defendant's property through a public auction or Sheriff's sale. This type of sale typically involves real property, such as a house or land, but can also include personal property if it holds significant value. On the other hand, the Motion for Special Judicial Sale is used in cases where the judgment creditor seeks to sell specific types of property that require special expertise or a particular method of sale. These types of properties may include cars, boats, artwork, or other valuable assets. When filing a Motion for Satisfaction of Money Judgment by Judicial Sale in North Carolina, the creditor must provide detailed information about the judgment debtor, the amount owed, and a clear description of the property they intend to sell. They should also include evidence of their attempts to collect the debt and the debtor's failure to comply with payment arrangements. It is essential to follow the proper procedural rules and deadlines when filing the motion to ensure its validity and effectiveness. Consultation with a qualified attorney is recommended to navigate the legal complexities associated with enforcing a money judgment through judicial sale in North Carolina. Some relevant keywords for this topic may include: — North Carolina Motion for Satisfaction of Money Judgment — Judicial Sale in NortCarolinain— - North Carolina Judgment Enforcement — Satisfaction of Money Judgment by Sale — Execution of Judgment in North Carolina — Selling Property to Satisfy Judgment in North Carolina — North Carolina Sheriff's Sal— - Special Judicial Sale in North Carolina — Enforcement of Money Judgment in North Carolina.
