This is a form of a Partial Release of Judgment Lien.
South Carolina Partial Release of Judgment Lien
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Multi-State
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US-OG-543
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Word;
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FAQ
To record a lien on a South Carolina title, you must fill in Section F of the Title Application (SCDMV Form 400) with all of the following information: Lienholder's name. Lienholder's address. Date of lien.
SECTION 29-1-10. Lien on real estate of no force after twenty years; exception for acknowledged debt or payment on account; lien on property interest held by gas or electric utility or electric cooperative.
Generally, where the court's judgment requires payment of money, the most common remedy in magistrate's court is execution.
Complete the Motion form. Explain the reason why you feel the judgment should be vacated. You may attach any supporting documents. NOTE: Now is not the time to explain your allegations or defenses of the case-only why the judgment should be vacated.
How long does a judgment lien last in South Carolina? A judgment lien in South Carolina will remain attached to the debtor's property (even if the property changes hands) for ten years.
Although personal property counts, such as furnishings and personal items, this personal property often does not present enough value. The debtor really needs to own real property or have financial assets, such as stocks and bonds, for it to be worth the time and money to attempt to execute a judgment.
If you have won a civil lawsuit in South Carolina, your judgment will be valid for 10 years from the date the judgment is entered.
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.