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.
Ohio Motion for Satisfaction of Money Judgment by Judicial Sale is a legal process used by creditors to recover their money from debtors who have not been able to repay their debts. When a person fails to repay a debt, the creditor can obtain a judgment from the court, granting them the authority to collect the debt through various legal means, including the sale of the debtor's property. In Ohio, the Motion for Satisfaction of Money Judgment by Judicial Sale is a specific legal document that allows the creditor to request the court to order the sale of the debtor's property to satisfy the outstanding debt. This motion is typically filed by the creditor's attorney and includes relevant information about the judgment, the debtor, and the property they wish to sell. There are several types of Ohio Motion for Satisfaction of Money Judgment by Judicial Sale, depending on the type of property being sold or other specific circumstances. Some common variations include: 1. Real Estate Motion for Satisfaction of Money Judgment: This type of motion is used when the debtor owns real property, such as a house, land, or commercial building, and the creditor seeks to sell it to recover the outstanding debt. 2. Personal Property Motion for Satisfaction of Money Judgment: If the debtor possesses valuable personal property, such as vehicles, jewelry, or artwork, this type of motion can be filed to request its sale. 3. Garnishment Motion for Satisfaction of Money Judgment: In cases where the debtor has a source of income, such as a job or bank account, the creditor can request a garnishment motion to collect a portion of their earnings or freeze their bank account until the judgment is satisfied. 4. Exemption Claim Motion for Satisfaction of Money Judgment: Debtors who believe certain properties are exempt from sale, such as their primary residence or essential belongings, can file this motion to defend against the sale of exempt assets. It is important to note that each county in Ohio may have its own procedures and specific forms required for filing a Motion for Satisfaction of Money Judgment by Judicial Sale. Therefore, creditors should consult with an experienced attorney familiar with local rules and practices ensuring proper filing and compliance with the law. In conclusion, the Ohio Motion for Satisfaction of Money Judgment by Judicial Sale is a crucial legal tool for creditors seeking to collect outstanding debts. By filing this motion, creditors can request the court's authorization to sell the debtor's property and recover their money. Different variations of this motion exist depending on the type of property or circumstances involved, including real estate, personal property, garnishment, and exemption claims. It is advisable to seek the guidance of a knowledgeable attorney to navigate the complex legal process successfully.
