Nebraska Release of Judgment Lien: A Comprehensive Overview A Nebraska Release of Judgment Lien refers to a legal document that effectively eliminates or releases a previously filed judgment lien on real property. When a creditor obtains a judgment against a debtor, it grants them the right to place a lien on the debtor's property until the debt is paid off. However, if the debtor successfully satisfies the judgment or reaches a settlement agreement, the creditor must release the lien and document it using a Release of Judgment Lien. In Nebraska, like in other states, the process of releasing a judgment lien begins with completing a specific form provided by the Nebraska Secretary of State or drafting a unique document that contains essential information. While the release form does not vary significantly, it is crucial to include correct and accurate details to ensure compliance with Nebraska laws. The document typically requires inputting the following information: 1. Debtor and Creditor Details: Provide the full legal names and addresses of both the debtor (property owner) and creditor (the one holding the judgment lien). 2. Judgment Information: Include the case number, court where the judgment was entered, and the date of the judgment. This information helps identify the specific judgment to be released. 3. Property Description: Include the property's full legal description, including the address, county, and any other information that uniquely identifies the property. 4. Lien Release Statement: Clearly state that the judgment lien is being released, discharged, or satisfied in full. This section should explicitly mention the creditor's acknowledgment that the debt has been paid or settled, and the lien is no longer valid. 5. Signature and Notarization: The creditor, or their authorized representative, must sign the Release of Judgment Lien form. An acknowledgment by a notary public is also required to validate the document's authenticity. It is essential to promptly record the Release of Judgment Lien form with the office of the county recorder in the Nebraska county where the judgment was originally recorded. Filing ensures that the release is publicly recorded and that any future title search or property transactions reveal that the judgment lien has been removed. In Nebraska, there are no specific types of Release of Judgment Lien forms for different situations. However, different types of judgments may require specific information or additional documentation to be included in the release form. Examples of judgments that may require additional documentation include mechanics liens, tax liens, or those associated with child support. Taking legal advice or consulting an attorney is advisable when dealing with complex judgment liens. In conclusion, a Nebraska Release of Judgment Lien is a critical legal document used to remove a previously filed judgment lien from real property in Nebraska. By accurately completing the release form and promptly filing it with the appropriate county recorder's office, property owners can ensure that their property is free from any encumbrances caused by judgment liens.
Nebraska Release of Judgment Lien
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How to fill out Nebraska Release Of Judgment Lien?
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Items required for issuance of a Nebraska title: Lien Contract (If Financed) Title fee of $10.00. Lien fee of $7.00 (If Financed) Nebraska Vehicle Titles - Platte County plattecounty.net ? webpages ? treasurer ? titles plattecounty.net ? webpages ? treasurer ? titles
To obtain a duplicate title, you must submit a completed Application for Duplicate Certificate of Title to any County Treasurer's office. All person(s) whose name(s) appear on the face of the title must sign the completed application. Duplicate Certificate of Title - Nebraska DMV nebraska.gov ? dvr ? duplicate-certificate-title nebraska.gov ? dvr ? duplicate-certificate-title
On November 1, 2010, the State of Nebraska became an electronic lien and titling (ELT) state. All vehicle liens noted on or after that date are electronic. Electronic Liens | Sarpy County, NE sarpy.gov ? Electronic-Liens sarpy.gov ? Electronic-Liens
How Do I Collect My Judgment? Collection Agency. A collection agency usually charges a percentage of the amount collected. ... Garnishment. You may garnish either the losing party's wages or bank account. ... Execution Against Property.
A properly recorded lien is enforceable for two years, unless the owner or other person having an interest in the property makes a written demand upon the claimant to institute judicial proceedings on the lien, in which case the claimant has 30 days to enforce the lien.
For Non-Participating members of electric titles, a release of lien is available by filing a Nebraska Electronic Lien and Title Non-Participating Lender Lien Release application. A lender completes and submits to any County Treasurer or the Department of Motor Vehicles.
All names shown as titled owners of the vehicle should appear on the lien instrument, but only one titled owner is required to be listed. The lien instrument must contain the signatures of those listed. Lien notation fee of $7.00. Lien Notations | Nebraska Department of Motor Vehicles Nebraska Department of Motor Vehicles (.gov) ? dvr ? lien-notations Nebraska Department of Motor Vehicles (.gov) ? dvr ? lien-notations
