judgment lien


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judgment lien

A charge against property of a judgment debtor (one against whom a judgment has been rendered by a court and who has not paid it) to secure payment of the judgment; may arise automatically in some states by operation
References in periodicals archive ?
Similarly, the effect of an intervening bankruptcy on a judgment lien was in dispute.
Thus, a rule precluding revivals involving intervening bankruptcies would mean that a judgment lien could never be revived against a defendant who had declared bankruptcy, even if the defendant had failed to properly adjudicate the lien.
Florida law grants a judgment creditor seeking to enforce a judgment lien several tools.
There undoubtedly will be many problems with judgment lien certificates filed where innocent parties have similar names, and may have their credit impaired.
The new law charges the Florida Department of State with maintaining a state database of judgment lien records.
1999), the bankruptcy court upheld a charging lien against a client's homestead based on the following contract language, and held that the lien could not be set aside as a judgment lien under Bankruptcy Code [section] 522(f).
The judgment lien may be "extended" (see infra text accompanying notes 16-19), but the judgment itself, is replaced by a new judgment.
4th DCA 2006), the judgment lien in question, either 1) did not previously exist because a certified copy of the judgment was not properly recorded, or 2) the judgment lien had expired, not having been re-recorded prior to expiration.
A Lien "Impairs" the Exempt Homestead The detractors of Goodwin and Cannon hold that the mere existence of the judgment lien impairs a debtor's Florida constitutional homestead exemption.
The decision did not address any issues concerning federal judgment liens and it did not address Lott.
These risks include forgery, fraudulent releases, disputed powers of attorney, incompetency or lack of capacity of a person who's signed a document, ambiguous or erroneous legal descriptions, ambiguous judgment liens, misindexing of documents in public records or databases and federal estate tax liens (which, by law, may attach without the recording of any notice).
The seminar addresses the searching of public records for due diligence at length, including proper procedures to locate and uncover UCC liens and certain real estate documents, federal tax liens, state tax liens, and judgment liens.