Judgment to Recover Personal Property Held for Lien and to Determine Amount of Lien: This is an official form from the North Carolina Administration of the Courts (AOC), which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by North Carolina statutes and law.
A Cary North Carolina Judgment to Recover Personal Property Held for Lien and to Determine Amount of Lien is a legal proceeding that allows a person or entity to seek restitution for a lien on personal property that is owed to them. This type of judgment is particularly important for individuals or businesses who have not received payment for services rendered or goods provided. In Cary, North Carolina, there are several specific types of judgments that deal with recovering personal property held for a lien and determining the amount of the lien. These include: 1. Default Judgment: If the debtor fails to respond to the lawsuit within the required time frame or does not show up to defend themselves in court, the creditor may request a default judgment. In this case, the court will typically rule in favor of the creditor and issue a judgment to recover the property held for a lien. 2. Summary Judgment: If the creditor believes that there is no genuine dispute of material fact and that they are entitled to the property or the amount of the lien, they may file for a summary judgment. The court will then review the evidence presented by both parties and make a ruling without the need for a trial. 3. Contested Judgment: If the case goes to trial because the debtor contests the claim or disputes the amount of the lien, the court will hold a hearing to evaluate the evidence presented by both parties. After considering the arguments and evidence, the court will issue a judgment to recover the property and determine the amount of the lien. It is important to note that each case and judgment may vary depending on the specific circumstances involved. The court will consider factors such as the validity of the lien, the value of the property, any existing contracts or agreements, and the debtor's ability to pay. In conclusion, a Cary North Carolina Judgment to Recover Personal Property Held for Lien and to Determine Amount of Lien is a legal action taken to reclaim personal property that is subject to a lien and determine the amount of the outstanding debt. Different types of judgments, such as default judgments, summary judgments, and contested judgments, may be used depending on the circumstances of the case.
