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Yes, a lien may be placed on property that is jointly owned. However, the effects of that lien depend on the type of ownership that the property is under.
Executing the Judgment You must execute the judgment. A document called a writ of execution must be prepared, attested to by the clerk of court, and delivered to the sheriff. This gives the sheriff the power to take possession of any non-exempt personal property and, if necessary, real property.
A magistrate's judgment is valid for three years, whereas a circuit court judgment is valid for ten years. Therefore, the filing of a magistrate's judgment in circuit court extends the life of the judgment to that of the circuit court's. Judgments in South Carolina may not be renewed.
If you don't pay the judgment or agree to a payment plan, the creditor must go through a separate judgment collection procedure. 6. During the judgment collection process, you may find that most if not all of your property and income cannot be taken for payment on the judgment.
Once the judgment is filed, it attaches to any land owned by the person who lost the lawsuit, called the ?judgment debtor.? However, certain amounts of the land may be exempt, for example, if the judgment debtor is living in a residence on the land.
Yes, you can agree to settle a judgment debt for less, even after the court has handed it down. Often, counsel for debtors will work with creditors as tactical negotiators to reduce a debt payment amount or for more manageable payments.
In South Carolina, judgment exemptions generally apply to a person's personal property and their homestead. Legally, a creditor cannot seize any of these exempt assets if they have a value below the threshold set by the law, essentially making a debtor judgment proof despite the existence of some known assets.
Mechanics liens in South Carolina must be filed in the register of deeds or clerk of court of the county where the project is physically located.