Thursday, February 23, 2012

Texas Judgment Lien - A suited range Tool

Are you at a loss as to how to gain your Texas judgment? Understand first that the process of collecting your judgment is just that, a process. So you have to start at the starting of the process. The first tool in the process is securing your judgment lien.

What is It?

Marion County Clerk Of Court

A lien is a fee again property to gain cost of a debt. It attaches a debt to real property. Then, whenever that property is sold the attached lien must be paid. Usually, it is paid from the cash changing hands in the sale of the property. Your judgment is a debt than can originate a lien on the property of your debtor. But, the fact that you have a judgment does not, by itself, originate a lien on your debtor's property. An self-operating lien would be nice. But, that isn't how the game is played in Texas.

Texas Judgment Lien - A suited range Tool

Marriage records, Marion County, Indiana: Ministers' returns for the Board of Health reported to the Clerk, Circuit Court, Indianapolis, Ind. Apr. 11-May 31, 1929 to June 1944 Best

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Marriage records, Marion County, Indiana: Ministers' returns for the Board of Health reported to the Clerk, Circuit Court, Indianapolis, Ind. Apr. 11-May 31, 1929 to June 1944 Overview

This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.


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How Do I Get It?

Creating a lien from your judgment is not hard to do. You just have to put in order and file an abstract of judgment in the county records. An abstract is not a difficult or complex legal document. It's simply a written overview of how much the debtor owes you. But, it must be properly ready to originate your lien. If your judgment is in a justice court or a small claims court, the justice of the peace prepares the abstract for you. But, if your judgment is in any other state court, you can put in order the abstract yourself.

What Do I Do With It?

When you have your abstract in hand, you take it to the county clerk for recording. The clerk enters the abstract in an alphabetical index of judgment records. Now, your judgment lien is created. If the debtor owns any real property in the county where you've recorded the abstract, your lien attaches to that property. The only exception homestead property.

How Long Does it Last?

Once you originate the judgment lien, it continues for ten years. You can keep both the judgment and the judgment lien alive longer than ten years. The facts for doing that is the topic for other article.

Texas Judgment Lien - A suited range ToolDanny J. Shipp, Levy Clerk of Court (D) Tube. Duration : 2.35 Mins.


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