Wyoming Release of Judgment Lien - Abstract of Judgment

State:
Multi-State
Control #:
US-OG-1111
Format:
Word; 
Rich Text
Instant download

Description

This form is a release of judgment lien for abstract of judgment.

How to fill out Release Of Judgment Lien - Abstract Of Judgment?

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FAQ

Once all the paper work is complete the Clerk of District Court will issue the garnishment and you will need to take the garnishment to the Sheriff's Department. The Sheriff's office charges $50 to serve the garnishment. If any money is taken, it will be deposited with the Clerk of District Court's office.

Abstract of judgement refers to a copy or summary of a court's judgement. Some common uses of the term ?abstract of judgement? include: In the context of a civil case, abstract of judgement is a document disclosing a monetary award issued by the court in favor of a judgement creditor against a judgement debtor.

Definitions of execution lien a legal claim against another person's property which has been taken by legal authority in order to make sure that a judgment is paid.

An abstract judgment in real estate is also called a property lien. It's a lien against any real property you own in a particular county. This is separate from any mortgage that you may have taken out on the property.

A judgment is a general, involuntary, equitable lien on both real and personal property owned by the debtor.

A judgment lien is any lien placed on the defendant's assets as a result of a court judgment. If a lien were placed on a home, the judgment creditor could then seek to foreclose on the property, in the same way a mortgage holder such as a bank could foreclose if it were not paid.

Judgment Lien Judgment liens are claims against a person's property that are awarded by a judge when the property owner has lost a lawsuit and failed to pay the winner. If you get sued, lose and don't pay, the claimant can file liens against your assets, including real estate.

Judgment: This is a type of lien in which a creditor can obtain the title to the debtor's property if the debtor has failed to make a necessary payment when a court orders.

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Wyoming Release of Judgment Lien - Abstract of Judgment